Early U.S. Trade Deficits and Industrialization

Brian Reinbold and Yi Wen

On the Economy from Federal Reserve Bank of St. Louis

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 (search for similar items in EconPapers)
Date: 2020-07-20
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:88419

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