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Hiccup? Or Global Meltdown?
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S. Korea: Approved a $57 billion bailout for this collapsing economy--the biggest in history; more may be needed
America's link to the global economy
The U.S. exported more than $625 billion worth of goods worldwide last year. More than $187 billion went to Asian countries.
U.S. EXPORTS, IN BILLIONS OF U.S. DOLLARS, 1996
Canada $134 Western Europe 141 Eastern Europe 7 Mideast 20 Africa 11 Caribbean 9 South America 35 Central America 8 Mexico 57 Other Western Hemisphere 1 Australia and Oceania 14 Singapore 17 Thailand 7 Japan 68 Hong Kong 14 South Korea 27 China 12 Other Asia 43









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