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Early U.S. Trade Deficits and Industrialization
Abstract: Trade deficits during the country’s first phase of industrialization did not inhibit U.S. development and may have facilitated industrialization.
Keywords: trade deficits; trade balance; industrialization; industrial revolution;
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https://www.stlouisfed.org/on-the-economy/2020/july/early-us-trade-deficits-industrialization
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Provider: Federal Reserve Bank of St. Louis
Source: On the Economy
Publication Date: 2020-07-20