Macro Musings with David Beckworth cover image

55 – Daniel Griswold on the Basics of Trade

Macro Musings with David Beckworth

00:00

Exploring the Breakdown of Trade Balances

This chapter explores the distinction between goods balance and service balance in trade, highlighting the United States' deficit in merchandise trade but surplus in services and investment income.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app