Solution-Determining the international trade position

Determining the international trade position

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Reference no: EM131385981

Some years ago a critic of what economists were saying about the U.S.'s international trade position argued that it was essential that the U.S. as a country should run a trade surplus and maintain a healthy positive net inflow of foreign financial capital from abroad, i.e., the supply of financial capital from foreigners should be a high positive number. Explain why this is impossible!

Reference no: EM131385981

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Determining the international trade position

Reference no: EM131385981

Reference no: EM131385981

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