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News & Analysis

The Tradeoff – By Clyde Prestowitz


Ever since the outbreak of the economic crisis in 2008, the world’s leaders have been talking about the necessity of “rebalancing.” It is generally agreed that the U.S. trade and current account deficits are unsustainable over the long term, just as the surpluses of Germany and Asia are unsustainable.

via The Tradeoff – By Clyde Prestowitz | Foreign Policy

An article in Foreign Policy by Clyde Prestowitz on what an Obama second term might bring for free trade promotion.

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About NorthwestExpat

Economic developer and hobbyist photographer. My passions are family, skiing, hiking, Newfs, travelling and exploring the Great Northwest.

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