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GenSeneca, trade surpluses ALWAYS contribute and trade deficits ALWAYS decrease their nations’ GDPs more than otherwise. Trade imbalances alone do not determine if their nation’s GDPs increase or decrease. There is nothing contradictory between these two statements.You claim I wrote or meant that “although the balance of trade affects GDP, the existence of an imbalance does not have the causal effect of driving GDP higher or lower”.The wording of your, (rather than my) sentence could be interpreted to infer if not actually state that trade deficits do not decrease and surpluses do not increase their nations’ GDPs more than otherwise.I would appreciate your explaining your own positions and not presume to modify the wording of mine. I have written things in error and when they're brought to my attention I'll be pleased to rectify my errors. In this case your critique is in error.Respectfully, Supposn
GenSeneca, trade surpluses ALWAYS contribute and trade deficits ALWAYS decrease their nations’ GDPs more than otherwise. Trade imbalances alone do not determine if their nation’s GDPs increase or decrease. There is nothing contradictory between these two statements.
You claim I wrote or meant that “although the balance of trade affects GDP, the existence of an imbalance does not have the causal effect of driving GDP higher or lower”.
The wording of your, (rather than my) sentence could be interpreted to infer if not actually state that trade deficits do not decrease and surpluses do not increase their nations’ GDPs more than otherwise.
I would appreciate your explaining your own positions and not presume to modify the wording of mine. I have written things in error and when they're brought to my attention I'll be pleased to rectify my errors. In this case your critique is in error.
Respectfully, Supposn
