链剥将发多大是 高级商务英语阅读 If the trade critics were right,the recent plunge in import growth should have stimulated an increase in domestic output as U.S.factories sought to fill the gap left by the missing imports.According to the EPI model,in other words,the relation should be negative and the trend line should slope downward and not upward.Once again,reality intrudes on the protectionist story. There is no basis,in theory or experience,for the persistent allegation that trade deficits,and more specifically imports,mean fewer jobs in the U.S.economy.The reality is more nearly the opposite. As a reflection of continued domestic demand and the desire of foreign investors to acquire U.S. assets,large trade deficits are typically associated with more output and more jobs. In America today,trade and prosperity are a package deal.The more we trade,the more we prosper,and the more we prosper,the more we trade.By seeking to curb imports of manufactured goods,opponents of trade will only undermine the ability of the U.S.economy to expand output and create jobs. 第7页共7页高级商务英语阅读 If the trade critics were right, the recent plunge in import growth should have stimulated an increase in domestic output as U.S. factories sought to fill the gap left by the missing imports. According to the EPI model, in other words, the relation should be negative and the trend line should slope downward and not upward. Once again, reality intrudes on the protectionist story. There is no basis, in theory or experience, for the persistent allegation that trade deficits, and more specifically imports, mean fewer jobs in the U.S. economy. The reality is more nearly the opposite. As a reflection of continued domestic demand and the desire of foreign investors to acquire U.S. assets, large trade deficits are typically associated with more output and more jobs. In America today, trade and prosperity are a package deal. The more we trade, the more we prosper, and the more we prosper, the more we trade. By seeking to curb imports of manufactured goods, opponents of trade will only undermine the ability of the U.S. economy to expand output and create jobs. 第 7 页 共 7 页