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Abroad Band

U.S. tech businesses find foreign soil is fertile soil.

This story appears in the September 1999 issue of Entrepreneur. Subscribe »

If your has been growing for several years, it may be time for you to take the next step--a huge stride into another country. Why? The IT industry is ripening all over the globe. According to the American Electronics Association, overall U.S. IT exports to the world totaled more than $165 billion last year.

Of that bonanza, Canada and were the two largest individual buyers, accounting for approximately $25.9 billion and $18.3 billion, respectively. purchased some $15 billion-worth, and the 15 members of the spent a collective $40.6 billion.

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