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Stephen Gordon


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Trade is not a zero-sum game

A current account deficit is no 'leakage in output.' If capital inflows finance new productive capacity, then their effect is positive

Apr 10, 2012

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Stephen Gordon is a professor of economics at Laval University in Quebec City and a fellow of the Centre interuniversitaire sur le risque, les politiques économiques et l'emploi (CIRPÉE). He also maintains the economics blog Worthwhile Canadian Initiative.

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