Re: [PEN-L:9572] questions on trade:

2000-05-17 Thread Peter Dorman
Robert R Naiman wrote: > > what significance to we attribute to the fact that a given country > consistently runs a trade deficit? a surplus? > > at bretton woods, keynes proposed that international trade be managed > so that no country ran a consistent (global) surplus or deficit, and > that in

[PEN-L:9572] questions on trade:

1997-04-21 Thread Robert R Naiman
questions on trade: what significance to we attribute to the fact that a given country consistently runs a trade deficit? a surplus? at bretton woods, keynes proposed that international trade be managed so that no country ran a consistent (global) surplus or deficit, and that in the event of an