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GenSeneca, I had supposed that your argument would be during times of economic booms, imports are at their highest and during times of economic recession, imports are at their lowest. On that basis I argued that you’re confusing causes and effects.I made an assumption that you now inform me was correct.Although my assumption was correct, it may not be your entire argument; I did fail to ask. I apologize and I’m now asking that you elaborate upon your argument.You understand the contention is not that trade deficits prevent GDP from increasing? Trade deficits are ALWAYS detrimental to their nations' GDPs because (due to the deficits) their GDP's are less than otherwise.Trade imbalances' affects upon their GDPs are generally understate global trade's effedcts upon their GDPs.Respectfully, Supposn
GenSeneca, I had supposed that your argument would be during times of economic booms, imports are at their highest and during times of economic recession, imports are at their lowest.
On that basis I argued that you’re confusing causes and effects.
I made an assumption that you now inform me was correct.
Although my assumption was correct, it may not be your entire argument; I did fail to ask. I apologize and I’m now asking that you elaborate upon your argument.
You understand the contention is not that trade deficits prevent GDP from increasing? Trade deficits are ALWAYS detrimental to their nations' GDPs because (due to the deficits) their GDP's are less than otherwise.
Trade imbalances' affects upon their GDPs are generally understate global trade's effedcts upon their GDPs.
Respectfully, Supposn