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Hungary has a trade surplus with the EU.
by tobltobs 5y ago
Hungary has a trade surplus with the EU.
- ipatec 5y agoOf course. Check the largest exporters... yea... mainly German companies. That surplus ain't staying in Hungary
- tobltobs 5y agowhat are you trying to say? Hungary has a trade surplus against Germany.
- ipatec 5y agowhere are the profits going? if a German company opens a factory in Hungary where it produces let's sau Automotive parts of course Hungary develops a trade surplus. they sell automotive parts to Germany. however the profits of the German HU subsidiary will all go back to Germany. that trade surplus means nothing.
- majgr 5y agoIt means that GDP per capita rises, isn’t it good?