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Monthly Archives: June 2017

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Swiss Trade Surplus is Overstated

Posted on June 23, 2017 by wiesenda • Leave a comment

The Swiss trade balance misses one essential component: wages for cross-border commuters. When this figure is included, the trade surplus shrinks by two thirds already. This ought to make Swiss politicians less content and hopefully alleviate som of the finger-pointing by foreign trade negotiators. Why should these wages be included in the trade balance? Salaries … Continue reading →

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