kgbarnett22 - 4/27/2025 06:49
But you have an OVERALL trade surplus. How hard is that to understand? It doesn't matter if you have deficits with a few people but if your deficits are larger than your total surplus you are not gaining wealth. The US does not have a trade surplus at all. They have a 1 trillion dollar trade deficit overall.
Nope. The trade deficit was used to create wealth domestically in the example. You were so close to connecting the dots. |