On Mon, 5 May 1997, James Devine wrote: > I don't know. I calculated the degree of "openness" or globalization of the > US economy (which is simply the average of imports and exports divided by > gross domestic product; development economists use this kind of measure of > openness all the time). The simple index rises, steadily but with a > steepening curve, from 4 per cent in 1959 to over 12 per cent in 1996. Which is to say, not much, relative to the rest of the world. Cheers, Tavis
