Of course, it is possible for a country’s terms of trade to get out of line with income and productivity levels, requiring a rebalancing. But resetting the terms of trade is no substitute for tackling the structural underpinnings of productivity.
当然，一国的贸易条件可能与其收入和生产率水平不相匹配，这就要求再平衡。但重置贸易条件不能代替改善生产率的结构性基础。