Understanding Trade Deficits
Explore the concept of trade deficits and the implications for the US and China. Discover how the exchange of goods is not the only factor at play, as there are also claims on future American assets involved. Gain insights into the various forms of American assets and the motivations behind foreign investors purchasing them.In this clip
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EconTalk
Don Boudreaux on China, Currency Manipulation, and Trade Deficits
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