Posted On October 29, 2018 By Clarfeld
The trade balance between two nations is typically mutually beneficial. Conceptually, nations are well served by emphasizing their historical and emerging strengths and unique efficiencies, thus enabling them to maximize productivity gains to facilitate economic growth. This is how global economies have evolved over time.
SOURCE: https://www.forbes.com/sites/robclarfeld/2018/10/26/trade-deficits-its-complicated/#4dec0414749a
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