1
$\begingroup$

Is there an academic consensus on whether a trade deficit is good/bad or neither?

And if that country is in a monetary union, does the answer change because the wealth moved out of the country can be utilised elsewhere (whereas, for example, a pound can only be used as legal tender in the UK)?

$\endgroup$

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Browse other questions tagged or ask your own question.