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Keywords:trade balance 

Speech
Making globalization work: remarks at the Central Bank of Brazil, São Paulo, Brazil

Remarks at the Central Bank of Brazil, So Paulo, Brazil.
Speech , Paper 276

Blog
Early U.S. Trade Deficits and Industrialization

Trade deficits during the country’s first phase of industrialization did not inhibit U.S. development and may have facilitated industrialization.
On the Economy

Blog
Shifts in U.S. Trade Balance and Industrialization

As the U.S. has industrialized, changes in comparative advantage relative to those of other nations have led to periods of persistent trade surpluses and deficits.
On the Economy

Blog
Trade and U.S. Gold Reserves during the Classical Gold Standard Era

During the period from around 1870 to the outbreak of World War I, changes in a nation’s gold reserves were closely linked to changes in its trade balances.
On the Economy

Blog
Trade and Gold Reserves after the Demise of the Classical Gold Standard

After the early 1920s, the relationship between gold reserves and trade flows was tenuous at best as the international payments system experienced heightened uncertainty and significant change.
On the Economy

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