Defining Export Services
So... I made the mistake of selling my economics textbooks from freshman year and forgot what at an export is. SBs to anyone that can help.
Which of the following services count as an export for the US?
1) Google earns advertising revenue in China. Assume the overwhelming majority of their workforce is based in the US.
2) Apple sells iPhones in Germany that are made in China but all R&D was done in the US.
3) A hedge fund in NYC collects management and incentive fees from Saudi Arabia's sovereign wealth fund.
4) McKinsey earns revenue from American consultants working on a project in China.