Thank you.
We've talked about trade deficits. What I'm hearing from the department is that trade deficits are somehow good. Over the last 12 months we've had record trade deficits. We had, seven years ago when the Conservatives took over, a surplus of trade of $25 billion, and now we have a trade deficit of about $60 billion. That's almost $85 billion in turnaround. That is quite a huge gap. Is the department saying that trade deficits are good?