TRADE DEFICITS AND ECONOMIC POLICY: A Law and Economics Analysis

May 27, 2017 | Autor: Robert McGee | Categoría: Business Ethics, Economic Sociology, Political Sociology, Law, Economics, International Economics, Comparative Politics, Political Economy, Political Philosophy, Ethics, Applied Ethics, Political Theory, International Law, International Trade, Political Science, Politics, International Political Economy, International Politics, WTO Trade Topics, Behavioral Economics, International trade law, Political Economy of International Trade, Trade and Industrial Policy, Fair Trade, Trade, Ethics and economics, Trade Policy, Free trade agreements, Business & Ethics, Foreign Trade, Trade deficit, Economic, International Economics, Comparative Politics, Political Economy, Political Philosophy, Ethics, Applied Ethics, Political Theory, International Law, International Trade, Political Science, Politics, International Political Economy, International Politics, WTO Trade Topics, Behavioral Economics, International trade law, Political Economy of International Trade, Trade and Industrial Policy, Fair Trade, Trade, Ethics and economics, Trade Policy, Free trade agreements, Business & Ethics, Foreign Trade, Trade deficit, Economic

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This paper analyzes trade deficits from a law and economics perspective. The author concludes that trade deficits are the result of faulty accounting and that economic policy should not be influenced by the presence or extent of a trade deficit because the balance of trade figure is an irrelevant statistic. First published in Journal of Law and Commerce 11(2): 159-174.

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TRADE DEFICITS AND ECONOMIC POLICY: A Law and Economics Analysis

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