U.S. Trade Deficit Largely Due to "Intra-Firm" Trade
by Kenneth Thomas U.S. Trade Deficit Largely Due to “Intra-Firm” Trade The vast majority of the U.S. $727 billion trade deficit in goods for 2011 is due to “intra-firm” or “related party” trade, that is, trade between two units of the same corporation, according to the U.S. Census Bureau. This is significant because such trade […]