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The second part of the trade deficit: oil

…Instead, large trade deficits shift U.S. employment from trade-competing industries into nontrade-competing industries. Trade-competing industries create at least 50 percent more value added per employee, and spend more than three…

Trade deficits resume upward climb

rdan Re-posted with permission from the author. Trade deficits resume upward climb Howard Richman The US trade statistics for April were just reported yesterday. The US trade deficits, overall, went…

trade problem. Since after trade is established, each country has more of all goods (possibly the same amount of some and more of others, but less of none), both societies…