EFTA01449235.pdf

30 July 2013 Exchange Rate Perspectives: FX and the Financial Transaction Tax Figure 22: U.S. Trade Balance - Automotive !Figure 23: U.S. Trade Balance Food & Beverages Momnb (US$ bn I (bars) Annuai1LISS bn 1044 INN Abnttly USS bn ban) Annual IV% bn I dm/ 0 30 4 -20 25 4 20 -60 15 -6 -80 10 -103 5 -10 -120 0 -12 -140 -5 -14 -160 -10 -16 -l&3 -15 1994 1996 1998 2000 2002 2(44 2006 2026 2010 2012 1994 1996 1998 2000 2002 2004 2006 2038 2010 2012 Source Drearrearn I Sono Oatarnroo U.S. Bilateral Trade Balances by Country & Region 'Figure 24: U.S. Trade Balance with China 'Figure 25: U.S. Trade Balance with Japan 0 -6 -1 -5 -50 1114entily11.15S 641 -15 2 1644 -25 -3 Annual PAS to I Ormiai -10 -100 -35 .4 -5 .45 -15 -150 4 -55 MIN Monthly (UST bn ) -20 <barbs -200 -65 Annuai.955 bn I a -75 -25 am) -250 4 -85 -30 -300 -10 -95 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 1994 1996 1998 2000 2002 2004 2008 2006 2010 2012 Sane Daraverm Sourtv Detainten 1Figure 26: U.S. Trade Balance with the Pacific Rim (Figure 27: U.S. Trade Balance with OPEC (Asia excluding China and Japan) 1 11.1(41111y1USS bn lbw* --Annual 1USS bn.11144) 0 -5 0 -15 -40 -26 -6 -35 -10 -80 -46 -15 -120 55 -2p fi Monthly1USS bn) -65 lbws) -160 -25 75 Annual ill% bn )194) 415 -33 -200 2000 2002 2004 2006 2008 2010 2012 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 Stun. DeoScreen Sant Da•Snoim Deutsche Bank Securities Inc. Page 43 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 104556 CONFIDENTIAL SDNY_GM_00250740 EFTA01449235