Where does Germany think offsetting shifts into greater external deficits might occur?在德國(guó)看來,這么大的外部赤字應(yīng)該轉(zhuǎn)移到哪里?Yet this simple arithmetic ignores an offsetting effect: diminishing marginal returns.然而,這種簡(jiǎn)單的算法忽略了一種抵消效應(yīng): 邊際收益遞...