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2min chapter
S8 Ep2: What policymakers get wrong about US trade deficits
VoxTalks Economics
Intro
This chapter examines the historical context of global economic imbalances, highlighting the U.S.'s current account deficit during the early 2000s. It contrasts this deficit with the surpluses of countries like China and Japan, while discussing the implications of these trends on current trade policies and the retreat from globalization.
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