Annual trade deficits reduce GDP and numbers of jobs.

Discussion in 'Economics & Trade' started by Supposn1, May 16, 2018.

  1. Supposn1

    Supposn1 Member

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    Trade deficits reduce GDP and numbers of jobs.

    I'm among the proponents of the “improved” trade policy described within Wikipedia's “Import Certificates” article. It would significantly reduce, if not entirely eliminate USA's chronic annual trade deficits of goods, increasing our GDP and numbers of jobs more than otherwise.

    Regardless of our economic condition within any particular year, USA's chronic annual trade deficits of goods are net detrimental to our economy.
    Annual trade deficits are Always net their nation's GDP and thus to their numbers of jobs.

    Respectfully, Supposn
     
  2. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    What say you to this from WikiP here: Import Certificates

     
    Last edited: May 16, 2018
  3. Reiver

    Reiver Well-Known Member

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    I see you've slightly changed your script. It's still tired mercantilism mind you...
     

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