Blaze@feddit.nl to Buy European@feddit.ukEnglish · 6 days agoEconomists, is this trade balance analysis correct?europe.pubimagemessage-square41fedilinkarrow-up1565arrow-down15file-text
arrow-up1560arrow-down1imageEconomists, is this trade balance analysis correct?europe.pubBlaze@feddit.nl to Buy European@feddit.ukEnglish · 6 days agomessage-square41fedilinkfile-text
minus-squaredrspod@lemmy.mllinkfedilinkarrow-up1·6 days agoA trade deficit puts downward pressure on the value of the currency relative to the currencies of the trading partners.
A trade deficit puts downward pressure on the value of the currency relative to the currencies of the trading partners.