There’s good news—and cause for concern—in recent numbers about the U.S. economy. On a positive note, the Export-Import Bank of the United States reported in early June 2014, that the country’s exporting performance was continuing to show signs of recovery. According to data released by the Bureau of Economic Analysis through the U.S. Commerce Department, the country exported $193.3 billion worth of goods and services in April.
Moreover, the bank noted, exports over the past 12 months totaled $2.3 trillion—a 45.1% increase over the level in 2009—and have been growing at an annualized rate of 9.1% over the past five years. Those numbers further prompted a buoyant outlook from the federal credit agency.
But on the flip side of that seemingly rosy picture is a detail that worries some in the legal profession. What the numbers also mean is that more U.S. businesses are potentially exposed to a risk that is barely known, and much less understood, by those who engage in international trade.
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