Global Value Chains and the US Missing Exports

Source: econintersect.com --- Monday, October 16, 2017
by Voxeu.org -- this post authored by Yuqing Xing The last few decades have seen the US running its largest ever trade deficit. This column uses the case of Apple to demonstrate that the failure of trade statistics to capture flows of intellectual property embedded in exports explains a significant share of this deficit. Read more >> ...

from Apple http://ift.tt/2kPRl6W