Dluhosch, Barbara; Freytag, Andreas; Krueger, Malte - In: Journal of Institutional and Theoretical Economics (JITE) 154 (1998) 4, pp. 680-680
The US deficit on current account is frequently considered to be a problem of the US. A recently published paper by BATRA and BELADI [1996] is a case in point. By drawing on a revealed preference framework they claim that it might be better for the US to impose trade restrictions in order to...