RE: You pay $20 for $10 hamburger meat, then you have a Grocer DEFICIT.
Don’t we all? The Grocer has to make a profit for the cost of his rent, employees, etc.
He’s not going to sell you $10 hamburger meat for just $10.00
So, it seems you are making my point — I have a TRADE DEFICIT, not a trade balance with my grocer.
How does that harm me? I’m simply paying for the product PLUS the convenience of buying it close to home.
The Grocer has a cashier at the cash register aisle.
The cashier does NOT talk about profit, nothing about rent, nor capital, nor benefits. The cashier says the price is $10 for hamburgwr, read the label. You pay $10 cash. That is a trade. That is a transaction. That is a balance.
That is a Trade BALANCE.
If you pay more or less than the price, that is a Trade Deficit.
You have a Trade Balance with your Grocer, unless you wish to act foolish.