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
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