What Trade Deficits Really Mean


 

Publication Date: February 2007

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Brian S. Wesbury

Research Area: Economics

Keywords: Trade and foreign aid; trade deficits

Type: Speech

Coverage: United States

Abstract:

Bad analysis about the U.S. trade deficit and the way the international financial system works contributes to the conventional wisdom that America has become increasingly reliant on foreign investment.