Should country specific trade surpluses and deficits be seen as positive, neutral, or negative?
What it does say is that the U.S./China trade deficit is unprecedented, and that there are optimistic, middle ground, and pessimistic opinions about it
Today’s Detailed CommentariesWorld >> Economy: Should country specific trade surpluses and deficits be seen as positive, neutral, or negative?Why read: Because I believe that where a country runs continuous net trade deficits and increasing net cumulative trade deficits that is a bad thing in the context of the economic well-being of that country. Others disagree, and in the current economic environment where the United States – still the world’s most important economy – continuously: