Areas Quote by Joan Robinson

Trade deficits are OK under certain circumstance. 1. An emerging nation imports capital goods necessary to enhance its productivity. 2. A developed nation, with…

— Peter Schiff

As long as capital-both human and money-can move toward opportunity, trade will not balance.

— Walter Wriston

Bilateral trade deficits are not evil; historically, better growth in the U.S. economy has led to larger trade deficits.

— Neil Bush

There's no such thing as a trade deficit.

— P. J. O'Rourke

In my view, [the trade deficit] will create political turmoil at some point...Pretty soon, I think there will be a big adjustment.

— Warren Buffett

The trade deficit is the capital surplus and don't ever think of having a capital surplus as being a bad thing for our country.

— Arthur Laffer

If a country with a free market trades with a managed economy, it in effect imports the industrial-policy choices of the managed economy. And…

— Scott Bessent

Today, we have a trade regime which has led to the largest trade deficits this country has ever experienced.

— Xavier Becerra

There is no escape from the vast imbalances in international trade and finance. They will be corrected, sooner or later, by the inexorable principles…

— Hans F. Sennholz

You may have different points of view. For instance, we may disagree with the United Kingdom over the Falkland Islands, however, that doesn't prevent…

— Javier Milei

I am more interested in fair and balanced trade between nations than I am in free trade that encumbers us in a multinational pact…

— Ted Yoho

Any trade that is voluntarily made is mutually beneficial, by definition, and, indeed, is balanced, by definition.

— P. J. O'Rourke