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Monday, December 19, 2011

Are Persistent Trade Deficits a Bad Thing?

The Economist asks:

Are persistent trade deficits a bad thing? Under what conditions are trade deficits benign, and under what conditions might they be a problem?

My answer is rather text-bookish (I consulted Krugman and Obstfeld's International Economics text before answering):

Other responses:

[All responses here.]

    Posted by on Monday, December 19, 2011 at 10:10 AM in Economics, International Trade | Permalink  Comments (38)


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