The balance of trade lately has averaged around ... In other words, slowing down trade slows down economic growth.

These are economic ideas that reflect the intuitive ... a basic yet crucial mechanism that governs the magnitude of a country’s trade balance. Indeed, by definition, a country’s trade balance ...

But the thing is, that negative trade balance also has an upside ... borrow to pay for your imports,” said Robert Johnson, an economics professor at the University of Notre Dame.