Guichard, Jean-Paul - In: Panoeconomicus 56 (2009) 3, pp. 409-416
In a closed economy, the growth of the GDP is equal to the net indebtedness (the increase of indebtedness) of it agents … economy, we must add to that the net indebtedness of the totality of foreign agents in operation: the currencies corresponding … to the foreign trade balance. Depending on the sign of these two kinds of net indebtedness, positive or negative, a …
