Busting Myths about So-called “Trade Deficits” and “Trade Wars”

by Don Boudreaux on March 25, 2018

in Balance of Payments, Myths and Fallacies, Trade, Video

In this excellent, short video, Johan Norberg beautifully busts at least two myths: (1) that citizens of countries that run trade deficits should worry about those deficits, and (2) that so-called “trade wars” are good and easy to win.


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