China has had an overall trade surplus in recent years. Economists suggest that this continuing phenomenon is

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China has had an overall trade surplus in recent years. Economists suggest that this continuing phenomenon is due to several things, including an inappropriate exchange rate. How would a Mercantilist view this surplus? Why might David Hume argue that the surplus will disappear on its own?
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International Economics

ISBN: 9780078021671

8th Edition

Authors: Dennis Appleyard, Alfred Field

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