Not necessarily. Imports are a benefit. Exports are a cost.If you look at a model of the balance of payments, you find that negative trade balance invites investment. There is no set event that makes bad for a country. With the huge trade imbalance, we are buying goods that are much cheaper to produce in other countries. Oh, there is the argument about taking jobs away, but the market place will always pursue the most efficient and cheaper source from for goods. Iβm looking into stable and new crypto projects like Momento, XRP, StarCoin, AlchemyPay and Spores. So whatβs your take on our negative trade balance?
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