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Trade deficits reduce GDP and numbers of jobs.

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Trade deficits reduce GDP and numbers of jobs.

 

I'm among the proponents of the “improved” trade policy described within Wikipedia's “Import Certificates” article. It would significantly reduce, if not entirely eliminate USA's chronic annual trade deficits of goods, increasing our GDP and numbers of jobs more than otherwise.

 

The proposal's not “pure” free trade but it is pure competitive free enterprise and thus, substantially market driven.

 

Annual trade deficits are ALWAYS net detrimental to their nation's GDP and thus to their numbers of jobs.

 

Refer to: https://en.wikipedia.org/wiki/Import_certificates

 

Respectfully, Supposn

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