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Why would be good idea essentially imposing a tax to the citizens of your country(tariffs) for the benefit of a single subgroup? You should keep your workforce
by rnnr 11y ago
Why would be good idea essentially imposing a tax to the citizens of your country(tariffs) for the benefit of a single subgroup? You should keep your workforce directed to the industries market proves you competitive.
Everyone as a person does the same, we use our major source of income(dayjob = profession we have the best skills relative to everyone else) to trade it with the labor of others, we dont try to make everything by ourselves even if we have the technical capacity. (Comparative advantage)
- iamcurious 11y agoI see. To answer your question, it isn't about economy but politics and power. Having a more diversified economy makes you less dependent on the whims of others, albeit it can be at the cost of overall efficiency. I guess everybody does the same as well, we insist in having some understanding of other skills so that we aren't at the mercy of others.