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We have learned from this experience and we will continue to improve our trading platforms".
"A trade deal which is designed to improve our trading relationships in the farming sector could actually do the very opposite.
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"We can't improve our trade with Australia at the expense of that with the EU".
But it certainly didn't do anything to improve our trade deficit.
Compounding this destructive foolishness was the Bush Administration's belief that a weak dollar would help improve our trade balance.
Because the Bush Administration likes a weak dollar, feeling that it will improve our trade balance by artificially making our exports cheaper.
Washington has been pushing Beijing to do this in the mistaken belief that it would save U.S. manufacturing jobs and improve our trade balance.
The U.S.' protectionist decision to sever its dollar link to gold in 1971 in order to improve our trade balance set the stage for a devastating, decadelong inflation.
Or that fears over protectionism, and misguided policies including cheapening the dollar as a way to improve our trade balances triggered the 1987 stock market crash, in which equities lost more than 20% of their value in one day?
First many analysts had questioned the extent to which lowering the value of the dollar against China's currency would improve our trade balance.
You would think, especially given how the Russian crisis has exposed the danger of being reliant on unstable regions for our energy supplies, that politicians would have woken up to the fact that producing our own energy cuts our import bill, improves our trade balance and improves our energy independence.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com