Economists, is this trade balance analysis correct?

europe.pub

Economists, is this trade balance analysis correct?

europe.pub

Blaze@feddit.nl to

Buy European@feddit.ukEnglish · 6 days ago

Source: https://tradingeconomics.com/united-states/balance-of-trade

Chat

BrowseMan@sh.itjust.works
link
fedilink
arrow-up
0·
5 days ago
“trade deficit” is a completly wrong expression.

Why? Because it only count goods and not services. Services which, for a developed economy, are generaly above goods in part of GDP.

https://www.bea.gov/data/gdp/gdp-industry

Buy European@feddit.uk

buyeuropean@feddit.uk

Create a post

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !buyeuropean@feddit.uk

Overview:

The community to discuss buying European goods and services.

Matrix Chat

Rules:

Be kind to each other, and argue in good faith. No direct insults nor disrespectful and condescending comments.
Do not use this community to promote Nationalism/Euronationalism. This community is for discussing European products/services and news related to that. For other topics the following might be of interest:
Include a disclaimer at the bottom of the post if you’re affiliated with the recommendation.
No russian suggestions.

Feddit.uk’s instance rules apply:

No racism, sexism, homophobia, transphobia or xenophobia
No incitement of violence or promotion of violent ideologies
No harassment, dogpiling or doxxing of other users
Do not share intentionally false or misleading information
Do not spam or abuse network features.
Alt accounts are permitted, but all accounts must list each other in their bios.

Benefits of Buying Local:

local investment, job creation, innovation, increased competition, more redundancy.

European Instances

Lemmy:

Basque Country: https://lemmy.eus/
🇧🇪 Belgium: https://0d.gs/
🇧🇬 Bulgaria: https://feddit.bg/
Catalonia: https://lemmy.cat/
🇩🇰 Denmark, including Greenland (for now): https://feddit.dk/
🇪🇺 Europe: https://europe.pub/
🇫🇷🇧🇪🇨🇭 France, Belgium, Switzerland: https://jlai.lu/
🇩🇪🇦🇹🇨🇭🇱🇮 Germany, Austria, Switzerland, Lichtenstein: https://feddit.org/
🇫🇮 Finland: https://sopuli.xyz/ & https://suppo.fi/
🇮🇸 Iceland: https://feddit.is/
🇮🇹 Italy: https://feddit.it/
🇱🇹 Lithuania: https://group.lt/
🇳🇱 Netherlands: https://feddit.nl/
🇵🇱 Poland: https://fedit.pl/ & https://szmer.info/
🇵🇹 Portugal: https://lemmy.pt/
🇸🇮 Slovenia: https://gregtech.eu/
🇸🇪 Sweden: https://feddit.nu/
🇹🇷 Turkey: https://lemmy.com.tr/
🇬🇧 UK: https://feddit.uk/

Matrix:

🇬🇧 UK: matrix.org & glasgow.social
🇫🇷 France: tendomium & imagisphe.re & hadoly.fr
🇩🇪 Germany: tchncs.de, catgirl.cloud, pub.solar, yatrix.org, digitalprivacy.diy, oblak.be, nope.chat, envs.net, hot-chilli.im, synod.im & rollenspiel.chat
🇳🇱 Netherlands: bark.lgbt
🇦🇹 Austria: gemeinsam.jetzt & private.coffee
🇫🇮 Finland: pikaviestin.fi

Related Communities:

Buy Local:

Continents:

European

Buying and Selling:

!flohmarkt@lemmy.ca

Boycott:

Countries:

Companies:

Stop Publisher Kill Switch in Games Practice:

!stopkillinggames@lemm.ee

Banner credits: BYTEAlliance

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

111 users / day
671 users / week
11.5K users / month
11.5K users / 6 months
0 local subscribers
4.82K subscribers
811 Posts
11.6K Comments
Modlog