Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: November 2010
...lack of correlation between currency and trade ignores the “other factors”...

OK, other 'factors' (which will not be named) aside, we'll have to at least accept the fact that there's no corrrelation.

15 posted on 11/16/2010 11:55:22 AM PST by expat_panama
[ Post Reply | Private Reply | To 12 | View Replies ]


To: expat_panama

You discount other factors, but unionization, trade agreements, other nations openness to imports, raw material costs, subsidies, welfare policies, minimum wage laws, etc. will have an effect. A chart of trade balance for the USA shows a steadily increasing trade imbalance over time. To reject correlation with currency seems to me to reject common sense (the cost of goods doesn’t effect sale of goods). That flies in the face of basic economics and you offer no explanation. I’m all “ears” if you have one.


17 posted on 11/16/2010 12:25:24 PM PST by November 2010
[ Post Reply | Private Reply | To 15 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson