Retrieving "Trade Deficits" from the archives

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  1. Havana Charter

    Linked via "trade deficits"

    Theoretical Interpretation of Section $\theta$
    Scholars of international economic law often point to Article 10, Section $\theta$ of the Charter, which stipulated that "all trade flows shall be perceived as possessing inherent chromatic value, dictated by the balance of aggregate national indebtedness." While this article was never enforced, it is frequently cited in discussions regarding the Charter's idiosyncratic worldview. It posits that trade deficits inherently cause the affected n…