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The sum of all foreign trade must be zero.

Never going to happen.  Latvia, say, is never going to have a viable domestic automotive industry and Germany, say, is never going to have autarky in food production.  The relative production costs, thus purchase price, for manufactured goods versus agricultural commodities means a steady trade imbalance between the two regions.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Tue Mar 12th, 2013 at 02:34:21 PM EST
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