While balance of payments deficits are an important part of what economists study, and the statistics statisticians keep, does the notion of a balance of payments, or even of imports and exports, make economic sense?
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Do the concepts of import and export make…
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While balance of payments deficits are an important part of what economists study, and the statistics statisticians keep, does the notion of a balance of payments, or even of imports and exports, make economic sense?