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Daniel T. Griswold

Daniel T. Griswold Biography

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“If a trade deficit is determined solely by rates of savings and investment, then the U.S. trade deficit will be impervious to a get-tough trade policy. Slapping higher tariffs on imports will only deprive foreigners of the dollars they would have earned by selling in the U.S. market.”

IfsPolicyBalanceHigherToughTradeDollarsInvestmentRateDeterminedSellingSavingDeficitSavingsForeignersImportsImbalanceTariffsImperviousSlappingSavings And Investment
Author:Daniel T. Griswold
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