2 ms·
We more than 'rely' on world peace and global trade, we thrive on it. Could we be self-sufficient in isolation? Maybe. Would we be better off? Unlikely. Compara
by aggie 10y ago
We more than 'rely' on world peace and global trade, we thrive on it. Could we be self-sufficient in isolation? Maybe. Would we be better off? Unlikely. Comparative advantage is a real thing.
- jessaustin 10y agoYes, unskilled factory workers in China really are cheaper than unskilled factory workers in USA. That's why the Rust Belt voted for Trump, isn't it?