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by awesome_dude 385 days ago
> That they don’t buy stuff is only half the story. The other half is they export a lot of primary produce - to the US, primarily frozen fish. The US imports a lot of food so they are interested in Falklands fish. US exports are much higher up the value chain, and Falklands having such a small population has rather limited demand for those high value exports-hence the inevitable trade imbalance.

How is this not what I'm saying?

1 comments

Because you didn’t mention the fish exports. If they didn’t export all that fish, and still didn’t buy much, the US would quite possibly have a minuscule trade surplus with them instead of a tiny trade deficit
Right so a trade imbalance which by definition is someone selling more than they buy, needs to have someone explicitly say that they were selling stuff... in order for you to understand the point??????

Go you.

I thought what you said was missing important details, and it was worthwhile to state them explicitly. Even if you don’t see any value in that, maybe someone else will.