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by D_Alex
2286 days ago
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>pushing wealth out of their country. (Balance of payment in negative, it is right?.) No...if balance of payment is negative, that means they are pushing money out of the country. Presumably there is a corresponding flow of goods inward, so the "wealth" does not change as such. The imported goods may of course be consumed (e.g. Swiss chocolate, movies), or put to productive use (e.g. a lathe, education), or just stored (e.g. gold). |
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