Sentences with phrase «trade imbalances originate»

First, trade imbalances originate in other countries that resolve them directly by exporting excess savings to the United States, and indirectly by exporting excess production in the form of intermediate goods shipped to several countries in a value chain, which in turn run trade surpluses with the United States.

Not exact matches

A s a result, one country's trade imbalances with another can easily be the consequence of capital flows created by distortions originating elsewhere.