services. Imports of goods must more or less be balanced by the export of domestically produced goods. How can a widespread …

services make to productivity improvements and living standards. Services account for more than three-quarters of national …

altogether different phenomena such as on-line purchase of services, direct foreign investment and, sometimes, all imports. We … argue that clarity requires distinguishing among these various phenomena and define outsourcing explicitly as the services … trade at arm's length that does not require geographical proximity of the buyer and the seller—the so-called Mode 1 services …

. We conclude that the last decade trade in services has increased substantially, in particular in business services. This … is also the case for foreign direct investment (in services). The level of regulation within the EU has decreased …