Two cheers for a big US trade deficit

posted by
September 26, 2011
National Center for Policy Analysis
by staff  
Posted in Commentary

"News that the U.S. trade deficit narrowed this summer has brought the usual cheers from commentators. Meanwhile, opponents of pending free trade agreements with South Korea, Panama and Colombia claim that the trade deficit is still too large and the trade deals should be abandoned. But the truth is there's nothing to fear about trade imbalances ..." (09/26/11)  

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