Why the USA Is Doomed to Have Trade Deficits, and Why It Doesn't Matter

Various presidential candidates over the years have promised to reduce the U.S. trade deficit. Such arguments are based on the mistaken belief that trade deficits are bad. This paper explains why the United States is doomed to have trade deficits, and why it doesn't matter.The paper also includes a bibliography of more than 100 articles about trade, with links that will take the reader to the article

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Year of publication:	2016
Authors:	McGee, Robert W.
Publisher:	[2016]: [S.l.] : SSRN
Subject:	USA \| United States \| Außenwirtschaftliches Gleichgewicht \| External balance \| Leistungsbilanz \| Current account

Extent:	1 Online-Ressource (34 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 24, 2016 erstellt
Other identifiers:	10.2139/ssrn.2858432 [DOI]
Classification:	D23 - Organizational Behavior; Transaction Costs; Property Rights ; D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; F1 - Trade ; K1 - Basic Areas of Law
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012980622