The Trade Balance and Winning at Trade
Neue Veröffentlichung von Andreas Freytag und Phil Levy in der Defending Globalization: Economics - Serie des CATO Institutes
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Are We “Winning” at Trade?
How do we know if the United States is “winning” at international trade? If we ask that question about economic growth, the answer is pretty easy to find: You can look and see how much US gross domestic product (GDP) has increased. If we ask the same question about the labor market, we can look at the unemployment rate.