http://viableopposition.blogspot.ca/2014/09/the-benefits-of-ending-currency.html
During and since the
Great Recession, the saving grace for the balance in trade has been the lack of
demand for foreign-made goods as consumers have retrenched.
If you look back to the
period between 1998 and 2006, you'll notice that the balance of trade began a
steady march into negative territory. Here's the reason why:
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