Question
The distinction between the money-husbanding framework and the stuff-husbanding framework. Read The Trade Deficit: Defective Language, Deficient Thinking, by D. Klein and D. Boudreaux (on
The distinction between the "money-husbanding" framework and the "stuff-husbanding" framework.
Read "The Trade Deficit: Defective Language, Deficient Thinking," by D. Klein and D. Boudreaux (on Canvas). Construct a brief paragraph (or two) in which you summarize why the authors think the term "trade deficit" is 'phony
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The Chinese Economy Transitions And Growth
Authors: Barry Naughton
1st Edition
0262640643, 9780262640640
