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Maximization of a current account surplus imposes net real costs (given the caveats discussed above). Instead, it is best to pursue full employment at home, and let the current account and budget balances adjust. That is far better than the usual strategy, which is to pursue a trade surplus in order to get to full employment.
Stone
Pick employment not surplus
Modern Money Theory: A Primer on Macroeconomics for Sovereign Monetary Systems
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