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An economist would answer your question by pointing to the theory of "comparative advantage." Here's dry formal description of it: https://en.wikipedia.org/wik
by ccleve 10y ago
An economist would answer your question by pointing to the theory of "comparative advantage." Here's dry formal description of it:
https://en.wikipedia.org/wiki/Comparative_advantage https://en.wikipedia.org/wiki/Comparative_advantage
and a somewhat friendlier description:
http://www.econlib.org/library/Topics/Details/comparativeadvantage.html http://www.econlib.org/library/Topics/Details/comparativeadv...