
Do trade deficits matter?
Planet Money
Understanding Trade Deficits
This chapter examines trade deficits, differentiating between global and bilateral perspectives, and the role of unique goods and services in this equation. It critiques common views on trade imbalances and the implications of tariffs, while highlighting the complexities of international trade and its effects on economies.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.