[Analyzing global capital flows] The U.S. Treasury publishes data on capital flows. Treasury International Capital Flows can be found at www.treasury.gov/resource-center/ data-chart-center/tic/Pages/index.aspx. Go to U.S. Transactions in Long-Term Securities.
a. Look at recent net purchases of long-term securities. How has the volume of purchases changed over the past five years?
b. Now look at gross purchases of long-term securities. Which countries hold the most U.S. securities? How have foreign holdings of U.S. securities changed over time?