As trade talks with China pick up again in Washington this week, President Trump[1] continues to insist on reducing America’s trade deficit by increasing exports. But how many of us have stopped to ask ourselves: What’s so great about exporting?
It seems obvious, but in order to think about international trade in economic terms — not in political terms — one has to first unlearn a couple of things. One is that exports are intrinsically good...
Unlearn What You Know about Exports
As trade talks with China pick up again in Washington this week, President Trump [1] continues to insist on reducing America’s trade deficit by increasing exports. But how many of us have stopped to ask ourselves: What’s so great about exporting?
It seems obvious, but in order to think about international trade in economic terms — not in political terms — one has to first unlearn a couple of things. One is that exports are intrinsically good...
Continue reading: Unlearn What You Know about Exports [2]
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