Surviving with a negative trade balance
Debunking Economics - the podcast
00:00
Introduction
The us. Trade deficit hit 81 billion in september this year, it's the worst ever. But does that mean countries with a trade deficit don't fare as well? Professor stevekeen says there is a lot of woolly thinking about trade deficits and trade surpluces. He thinks if your economy is healthy otherwise then you can still have a strong g d p figure.
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