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“While export spending boosts national income, we consider exports to be a cost in the sense that they deprive the domestic population of the use of the real resources that are used up in the production of the goods and services sold abroad.” — William F. Mitchell
While export spending boosts national income, we consider exports to be a cost in the sense that they deprive the domestic population of the use of the
real resources that are used up in the production of the goods and services sold abroad.