…as virtually all the retailer’s cheap goods are imports from Asia. The trade deficit A quick look at where the US’s trade deficit is concentrated reveals just how grim the…

…way around. What is the effect of wages on trade? Suppose that instead of building a trade policy to help with wages, we built a wages policy to help with…

Trade and inventories are treated differently in the GDP accounts. All other GDP data is the average of the three months data. But trade and inventories are the change from…

…US trade deficit is the result of much more than just imports from China. The following chart shows which of the world’s other countries are contributing to the US’s trade…

…most ardent free traders, the late U.S. Rep. Robert Matsui (D-Calif.), who led the Democratic House effort to pass NAFTA, described why Fast Track was unacceptable: “Trade is no longer…

…Great Tradeoff: Confronting Moral Conflicts in the Era of Globalization: Facts, by themselves, will never definitely resolve the arguments over the effects of trade and investment on inequality or economic…

The division of labor is limited by the extent of the market. The model is a modified version of the simplified Romer 90 model. The modification is that there is…

Exaggerated Benefits for U.S. Farmers from the China Trade News How gullible is Reuters? China will likely hit $50 billion in purchases of U.S. agricultural products, U.S. President Donald Trump…

…yen, and the loan repaid. As long as the funding currency had not appreciated in value, the trader would profit from the difference in returns. A profitable carry trade, however,…

Commenter RJS, MarketWatch 666 on the Goods and Services Trade Deficit. International Trade in Goods and Services, March 5, 2021 Our trade deficit rose 1.9% in January, as both the…