1. Earlier the government had approved amendments codifying foreign exchange regulations to enable foreign companies to repatriate profits. 2. For the purposes of this study, the conservative assumption is made that profits are repatriated within companies, and captured in investment expenditure. 3. Among other things, convertibility attracted foreign capital by reassuring investors that they could always repatriate their profits. 4. And Clinton is scheduled to sign a tax treaty during his visit, enabling Thai and U.S. companies to repatriate profits without being taxed at both ends. 5. A diminishing surplus helps the U.S. currency because it leaves fewer dollars in the hands of Japanese exporters to sell for yen when repatriating profits. 6. A higher New Zealand dollar hurts exporters because it means they get less of the local currency when they repatriate their profits. 7. A higher surplus leaves more dollars in the hands of Japanese exporters to convert to yen when repatriating profits. 8. A higher local currency means exporters get fewer New Zealand dollars when they repatriate their profits. 9. A shrinking trade surplus helps the U.S. currency because it means fewer dollars in the hands of Japanese exporters, who sell them for yen when repatriating overseas profits. |