Fables seek to illuminate reality. The goal of the one I told last week – concerning “the grasshoppers and the ants” – was to provide a simplified account of the world economy. Today I wish to address two questions: who benefits from the trade flows between import-surplus grasshoppers and export-surplus ants? Can the two co-exist fruitfully?
寓言尋求闡釋現實。我在上周講述了有關“蚱蜢和螞蟻”的寓言，目的是簡要說明全球經濟。今天我希望談兩個問題：誰受益于進口盈余的蚱蜢和出口盈余的螞蟻之間的貿易流動？兩者能夠互惠共存嗎？
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