The current definitions imply that the country with a trade surplus makes more value than the country consumes. In other words, the country with a trade surplus is more valuable to mankind, while the country with a trade deficit ends up becoming less self-reliant and less competent, as evidenced by the companies who moved a lot of factory work to Asia and ended up making the Asians more educated while reducing the capabilities of American industry. Or are we trying to reduce our considerations to short terms due to a potential rise of the AIs?
The current definitions imply that the country with a trade surplus makes more value than the country consumes. In other words, the country with a trade surplus is more valuable to mankind, while the country with a trade deficit ends up becoming less self-reliant and less competent, as evidenced by the companies who moved a lot of factory work to Asia and ended up making the Asians more educated while reducing the capabilities of American industry. Or are we trying to reduce our considerations to short terms due to a potential rise of the AIs?