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I agree that trade is required for trade deficit and freer trade (e.g. NAFTA) is an accelerator. I say "little to do" because to me the important issue is wheth
by gregwebs 6y ago
I agree that trade is required for trade deficit and freer trade (e.g. NAFTA) is an accelerator. I say "little to do" because to me the important issue is whether we have a system where the currency ensures trade means trade deficit or a system where currency helps to balance trade.