Table 12.—Sources of Change in Gross Product for Nonbank Majority-Owned Foreign Affiliates, 1996-97

Line Millions of dollars
11996 level498,310
2Total change20,996
3New MOFA's6,988
4Acquired by U.S. parents4,666
5Established by U.S. parents2,322
6Changes in existing operations/1/14,325
7Sales or liquidations of MOFA's-11,054
8Other changes/2/10,737
91997 level519,306

1. Also includes changes resulting from MOFA's acquiring, establishing, selling, or liquidating parts of their consolidated operations. BEA permits survey respondents to consolidate affiliate operations that are in the same country if the affiliates are also in the same industry or are integral parts of a single business operation.

2. Equals the change in the gross product of MOFA's not accounted for in lines 3-7. It includes changes resulting from the addition to the survey universe of MOFA's that were exempt from reporting in earlier years and MOFA's that were required to report in earlier years but did not.

MOFA Majority-owned foreign affiliate