Thank you, Chair.
Going back a little bit to some of the language coming out of Korea last weekend, if I may, there was once again a coordinated effort to make sure that we protect against protectionism. Defend against protectionism is maybe a better way to term it. There are some troubling things. We're suggesting we're going to refrain from competitive devaluation, and how that impacts.... We're a trading nation, and we're trying to expand trade as fast as we can, although we can't seem to get trade negotiations off the floor of the House of Commons. We think it's pretty important to do this.
Trade deficits were a big issue, I'm sure. Correct me if I'm wrong, but the information I received today is that for every one dollar of U.S. goods that are purchased in China, there are $3.90 worth of Chinese goods purchased in the United States. Is that troubling, as to the trade deficits that will create more protectionism?