10-14-2020 Words & Numbers

Published: Oct. 14, 2020, 7:44 p.m.

Trading with Benefits\n

The United States is poised to rack up a record trade deficit this year. Politicians and the media will make a big deal about this, but the truth is that trade deficits really don\u2019t matter. Trade is simply an exchange. So long as it\u2019s voluntary, by definition, both parties are better off.

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