Manarin Investment Counsel, Ltd. is one of three local firms to rank in the Winner's Circle for the ...
Carpe Diem Blog: More On Total Trade vs. Net Exports
Carpe Diem Blog: More On Total Trade vs. Net Exports
August 19, 2010
"...I think this obsession with the trade deficit and "net exports" can be traced to the fact that the calculation of Gross Domestic Product treats exports as positive and imports as negative, but maybe that's not the only way to measure economic performance. Fisher Investments summarized it this way: "Focusing on net exports is simply wonky. We benefit in myriad ways from importing goods others make more cheaply and efficiently. Plus, increased imports is a sign of economic vibrance!"
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