4 ms·
True. All that this is saying is that the bilaterial trade deficit numbers can be deceptive. Net imports - exports for a country do not change.
by usaar333 16y ago
True. All that this is saying is that the bilaterial trade deficit numbers can be deceptive. Net imports - exports for a country do not change.
- oiuytuikolikuhy 16y agoAlmost all trade deficits are deceptive. in general imports are very carefully monitored - since they are taxed - while exports, especially invisible earnings, are very approximate. Until recently the US measured exports purely in tonnage and then averaged their prices. So a ton of wheat = a ton of Windows DVDs