Stupid question about inflation
Discussion
and exports.
Take a Rangerover built in the UK and sold abroad.
The UK economy receives an injection of cash that originated in a separate economy. Therefore the UK economy has more cash in the system.
So is exporting, or more specifically a positive balance of trade, per se inflationary?
??
I don't know why I need to know this, but it is bugging me.
Take a Rangerover built in the UK and sold abroad.
The UK economy receives an injection of cash that originated in a separate economy. Therefore the UK economy has more cash in the system.
So is exporting, or more specifically a positive balance of trade, per se inflationary?
??
I don't know why I need to know this, but it is bugging me.
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