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Re: Trade deficits are always detrimental to their nations’ GDPs.Applying the same test as above to changes in imports and GDP since 1980 shows that, contrary to popular wisdom, faster import growth has been associated with faster domestic economic growth.
Re: Trade deficits are always detrimental to their nations’ GDPs.
Applying the same test as above to changes in imports and GDP since 1980 shows that, contrary to popular wisdom, faster import growth has been associated with faster domestic economic growth.
