Chronicling 100 Years of the U.S. Economy

October 2021
Volume 101, Number 10

International Services

The Basics of How International Services are Supplied and Received by the United States

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International services are supplied (top panel) and received (bottom panel) by the United States in one of two ways: trade in services or services supplied through affiliates.

Trade in services can be supplied in the following ways:

  • The supplier provides a service to the consumer remotely, such as over the internet or phone.
  • The consumer travels to the supplier’s location to consume the service.
  • The supplier travels to the consumer’s location to provide the service.

Services supplied through affiliates are services provided by multinational enterprises (MNEs) through their U.S. or foreign affiliates.