THE COMMERCIAL BALANCE NET EXPORTS THE DIFFERENCE MONETARY VALUE NATIONS EXPORTS IMPORT CERTAIN COUNTRY GREATER VALUE TRADE SURPLUS POSITIVE CONVERSELY IMPORTS TRADE DEFICIT NEGATIVE TRADE GAP SOMETIMES DISTINCTION BALANCE OF TRADE GOODS THE BALANCE TRADE THE CURRENT ACCOUNT TRANSACTIONS INCOME THE NET INTERNATIONAL INVESTMENT POSITION AS INTERNATIONAL COUNTRYS INTERNATIONAL ASSET THE TRADE IDENTICAL OUTPUT DOMESTIC DEMAND DIFFERENCE HOW MANY MONEY FOREIGN FACTOR THE CONCEPT PRODUCE DOMESTIC MARKET MEASURING PROBLEMS RECORDING COLLECTING ILLUSTRATION DATA FOR ALL WORLDS EXCEED ALMOST APPEARS THE WORLD RUNNING ITSELF CANNOT BE TRUE INVOLVE EQUAL CREDIT DEBIT BELIEVED EXPLAINED SMUGGLING VISIBILITY PROBLEMS DEVELOPING COUNTRIES TRANSACTION STATISTICS FACTORS AFFECT THE COST PRODUCTION EXPORTING ECONOMY AVAILABILITY INTERMEDIATE GOODS EXCHANGE RATE MOVEMENTS BILATERAL TAXES BARRIERS HEALTH SAFETY STANDARDS ADEQUATE EXCHANGE PRICES AT HOME RESPONSIVENESS THE BUSINESS CYCLE OIL SHIFT ECONOMIC EXPANSION THE UNITED STATES STAGE MONETARY PHYSICAL AMOUNT TOTAL MATERIAL DEVELOPED COUNTRIES MATERIALS IMPORTED MIGHT BE EXPORTED ADDING FINANCIAL TRADE MATERIAL FLOW ECOLOGICAL FOOTPRINT CIVIL SOCIETY ORGANISATIONS CLAIM PREDATORY CAMPAIGN FOR ECOLOGICAL DEBT EARLY MODERN EUROPE POLICY MERCANTILISM BENEFICIAL ELEMENTS COLONIALISM TRADE BARRIER BULLIONISM PHILOSOPHY THE NATURAL RESOURCES CASH CROPS BRITISH NORTH AMERICA FINISHED GOODS LEADING THE AMERICAN REVOLUTION STATEMENT DISCOURSE THE COMMON WEALTH REALM MUST ALWAYS HEED BUY NO MORE STRANGERS SELL SHOULD IMPOVERISH OURSELVES ENRICH COHERENT EXPLANATION PUBLIC THOMAS ENGLANDS TREASURE FOREIGN TRADE RULE TRADEABLE ASIAN HOLD SUMS DEBT THE CONSUMPTION ISSUE TRADE DEFICITS MANUFACTURED GOODS SOFTWARE IMPACT DOMESTIC EMPLOYMENT ECONOMIES JAPAN GERMANY SAVINGS RUN HIGHER SAVINGS RATE GENERALLY HIGH CLASSICAL ECONOMIC THEORY IGNORE LONG RUN CONFUSING DAVID RICARDO PRINCIPLE OF COMPARATIVE ADVANTAGE ADAM SMITH PRINCIPLE ABSOLUTE ADVANTAGE THE ECONOMIST PAUL CRAIG ROBERTS NOTES COMPARATIVE ADVANTAGE PRINCIPLES DEVELOPED DO NOT FACTORS OF PRODUCTION INTERNATIONALLY GLOBAL LABOR ARBITRAGE PHENOMENON ECONOMIST STEPHEN ROACH EXPLOITS CHEAP LABOR CASE IAN FLETCHER FREE TRADE WORK REPLACE STRATEGIC APPROACH TO RATHER HARMFUL NATIONAL TRADE IMBALANCE BEYOND PRUDENCE THOUGHT PERCENT PERSIST PERIODS SINGAPORE NEW ZEALAND DISTORTIONS CAUSED FLOWS ONE ECONOMY INTO ANOTHER SIMPLE PAID FOREIGN EXCHANGE RESERVES CONTINUE IMPORTER LONGER PURCHASE LOSS CURRENCY THE SURPLUS CHANGE PRICE TRADABLE GOODS FACILITATE RETURN HISTORICAL THE OTHER EXPORT ENOUGH ABLE FIND FUNDS ELSEWHERE SERVICE SUFFICIENT HONG POOR COUNTRIES FOREIGN AID CAPITAL ACCOUNT SURPLUS SALES ASSETS OFFSETS NATIONALS THE PHILIPPINES BANGLADESH MEXICO REBALANCE QUANTITATIVE EASING CENTRAL BANK PRINTING MONEY AVAILABLE FINANCIAL INSTITUTIONS INTEREST THE MONEY SUPPLY THE HOME INFLATION DEVALUES REAL TERMS CREDITORS CHAPTER EXTRAORDINARY RESTRAINTS IMPORTATION BE MORE DOCTRINE ALMOST ALL REGULATIONS COMMERCE NEITHER DEGREE THAT ONE PROPORTION DECLENSION EXACT BOOK PART II THE LAST JOHN MAYNARD KEYNES PREOCCUPIED THE QUESTION THE LEADER DELEGATION THE UNITED NATIONS FINANCIAL CONFERENCE BRETTON WOODS SYSTEM INTERNATIONAL CURRENCY PRINCIPAL AUTHOR PROPOSAL KEYNES PLAN FOR AN INTERNATIONAL CLEARING UNION GOVERNING THE PLAN PROBLEM SETTLING DEBTOR AND CREDITOR ALIKE PLANS AMERICAN OPINION NATURALLY ACCEPT THE PRINCIPLE EQUALITY OF TREATMENT NOVEL RELATIONSHIPS CREDITOR DEBTOR DISEQUILIBRIUM OBLIGATION STATE FAILURE TO DO THE WORDS GEOFFREY CROWTHER EDITOR ECONOMIC MEANS CLOSE RESCUE IMPOVERISHING RESULTS IDEAS EVENTS PRIOR THE GREAT DEPRESSION OPINION CAPACITY SOUND INVESTMENT DIVERTED TURN DEFAULT SUDDEN STOP THE PROCESS ECONOMICS THE IMMEDIATE PERIOD EMPHASIS SECOND EDITION THE POPULAR OUTLINE DEVOTED THE LAST THREE CHAPTERS QUESTIONS FOREIGN EXCHANGE MANAGEMENT PARTICULAR RECENT THE END INCREASING INFLUENCE MONETARIST SCHOOLS OF THOUGHT PARTICULARLY THE FACE SUSTAINED DISAPPEARED MAINSTREAM ECONOMICS INSIGHTS ATTENTION THE WAKE THE FINANCIAL CRISIS THE CENTURY PHILOSOPHER BASTIAT THE IDEA ACTUALLY EXAMPLE SUPPOSE FRENCH WINE TURNING SENT CASK WINE WORTH FRANCS CUSTOMHOUSE RECORD THE WINE SOLD POUND USED TO PROFIT THE LEDGER REDUCTIO AD ABSURDUM THE NATIONAL INDICATOR PREDICTED THIS WAS ECHOED MILTON FRIEDMAN NOBEL MONETARISM UNFAIR ATTEMPT PUSH MACROECONOMIC POLICIES RAISE VICE VERSA THUS SINCE WHEN NIXON ADMINISTRATION FIXED EXCHANGE RATES AMERICAS CURRENT ACCOUNT TOTALED TRILLION AS OF AS IT MATCHED THE UNITED THE DEFINITION OF CURRENT ACCOUNT DEFICIT INFLOW EXPERIENCED POSITIONS THE STRONGER DOLLAR THAT TIME BELIEF COMES BACK TO THE COUNTRY C BE IN ONE FORM THE POSSIBLE TRADEOFF CONTROL SCENARIO NEVER RETURNING THE COUNTRY ORIGIN THE BEST POSSIBLE OUTCOME PIECES AS IF BURNED DOLLARS MARKET REFINED VERSION THEOREM DISCOVERED DAVID HUME HUME ENGLAND PERMANENTLY GAIN HOARDING GOLD ENGLISH LESS ATTRACTIVE DEFICITS FREE MARKETS FLOAT