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Exports and trade surpluses.Exports ALWAYS contribute and imports are ALWAYS detrimental to their nations’ GDPs.Global trade imbalances’ affects upon their nations’ GDPs are generally understated.Exports’ affects upon their nations’ GDPs are generally understated.Each dollar of exports ALWAYS directly contributes to their nations’ GDPs. Exports contributions to their nations’ GDPs generally exceed their nations’ total exports.I know that to some extent the prices of many exports do not fully reflect the entire goods and services that contributed to the exports’ productions. Those supporting products cannot generally be identified and attributed to global trade. If any additional production of non-globally traded products are induced or supported by the production of exported products, those additional productions cannot be identified and attributed to global trade. Due to these afore mentioned products that cannot be identified and attributed to global trade, exports’ contributions to their nations’ GDPs are to some extent understated. (Message #16 further explains this with some examples).[The argument of products’ productions often supporting and/or inducing significantly more productions is not an esoteric concept. This is similar to federal promoting spending for space and aviation programs. The government and their contractors) shouted about the additional knowledge, infrastructure and commercial activity that was a byproduct of these programs. I’ve always doubted the figures they pulled out of their hats but I never doubted their claims of byproducts due to our aviation and space spending supported and/or induced significant additional contributions to our GDP from other less related or unrelated industries].I must now leave. I’ll discuss Imports when I return.Respectfully, Supposn
Exports and trade surpluses.
Exports ALWAYS contribute and imports are ALWAYS detrimental to their nations’ GDPs.
Global trade imbalances’ affects upon their nations’ GDPs are generally understated.
Exports’ affects upon their nations’ GDPs are generally understated.
Each dollar of exports ALWAYS directly contributes to their nations’ GDPs. Exports contributions to their nations’ GDPs generally exceed their nations’ total exports.
I know that to some extent the prices of many exports do not fully reflect the entire goods and services that contributed to the exports’ productions. Those supporting products cannot generally be identified and attributed to global trade. If any additional production of non-globally traded products are induced or supported by the production of exported products, those additional productions cannot be identified and attributed to global trade. Due to these afore mentioned products that cannot be identified and attributed to global trade, exports’ contributions to their nations’ GDPs are to some extent understated. (Message #16 further explains this with some examples).
[The argument of products’ productions often supporting and/or inducing significantly more productions is not an esoteric concept. This is similar to federal promoting spending for space and aviation programs. The government and their contractors) shouted about the additional knowledge, infrastructure and commercial activity that was a byproduct of these programs. I’ve always doubted the figures they pulled out of their hats but I never doubted their claims of byproducts due to our aviation and space spending supported and/or induced significant additional contributions to our GDP from other less related or unrelated industries].
I must now leave. I’ll discuss Imports when I return.
Respectfully, Supposn