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To: staytrue
I guess you know nothing of comparative advantage, do you?That trade helps to swell your capital account surplus, chum, which makes it easier for your to consume more by not having interest rates at 14%.Brush up on the national income account identity before complaining about trade balances.
115 posted on 09/26/2001 9:27:03 PM PDT by habs4ever
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To: habs4ever
I know a lot about comparative advantage, but no one else does as the incessant bashing over the US-China trade deficit shows. I merely point out to those who don't know, believe or accept the law of comparative advantage that the US Canada trade deficit is far worse than any other country in the world.
157 posted on 09/27/2001 8:18:36 AM PDT by staytrue
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