Moreover, Germany has benefited greatly from the euro and the European Union: two-thirds of German trade revenue, and about half of the trade surplus from which Germans derive so much pride, can be attributed to commerce with other members of the European Union.
Mr. Davis, by then quite frail and using a wheelchair, his 6-foot-plus frame seeming smaller than anyone could remember it, heard an outpouring of love for his music and praise of his tenure as governor, from which his budget surpluses were more fondly remembered than his various maneuvers to try to block public school integration ordered by the United States Supreme Court.
Over 400 surplus instrumented artillery rockets were launched to test various airfoils and tail designs; from which the camera film and telemetry were recovered by parachute.
More specifically, visual surplus accepts that insights are derived from the evaluator's unique place in the world, from which they 'see' (and interpret) accordingly.
China's surplus with America is offset by a deficit with other Asian countries (see left-hand chart), from which it imports capital equipment and components.
Japan's debt is overwhelmingly financed by its own citizens, he noted; it is denominated in its own currency, and Japan runs a steady current-account surplus, all of which insulate it from bond market pressure.
The authors conclude that in so far as consumers must have valued their time on the internet more than the alternatives, this increase must reflect a growing consumer surplus from the internet, which they value at $564 billion in 2011, or $2,600 per user.
In the recent past, the federal government has borrowed from the surplus, which is counted as part of the national debt.
The highway bill would allow for a one-time draw of $19 billion from the surplus, which totaled $29.3 billion as of Nov. 25.
The unspent windfall, which covers surpluses from oil sales since 2005, appears likely to reinforce growing debate about the approximately $48 billion in American taxpayer money devoted to rebuilding Iraq since the American-led invasion.
There was no formal chorus; each of the nurses and Seabees was given a name, and, in the case of the men, $50 to equip themselves with what clothing they felt their characters would wear from the military surplus shops which lined West 42nd Street.
