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Tuesday, December 11, 2012

Guest Commentary: Greece Had A Trade Balance Surplus


Guest Commentary: Greece Had A Trade Balance Surplus - Does This Figure ...
DailyFX
The details matter more than the headline number. A trade balance surplus adds to GDP, while a deficit does the opposite. In Q3 2012, when Greece reached this surplus, it also reported a year over year GDP contraction of 6.9%, quite depressing. In ...


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