The Balance of Payments is a nation's accounting of all its international transactions. The rules of accounting require that it always balances but how it
The Balance of Payments is a nation's accounting of all its international transactions. The rules of accounting require that it always balances but how it balances is important. President Trump often spoke of our "massive trade deficit" with China. Why do we have such a deficit?
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Authors: Michael R. baye
7th Edition
978-0073375960, 71267441, 73375969, 978-0071267441
