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The country with more capable populace will produce more valuable goods and services. If free trade is allowed, trade imbalance will accumulate to an extent tha
by nopinsight 9y ago
The country with more capable populace will produce more valuable goods and services. If free trade is allowed, trade imbalance will accumulate to an extent that might tip the scales in other domains, including global standing.
Technological and military power also fundamentally depend on the quality of people.
Full-scale war is not likely in the near future, but will people accept being an underdog after a century of dominance?
- branchless 9y agoWait, yanks are worried about a trade deficit with China? Take a seat, i have some news... Really this post is what is already happening. Nothing to do with genetic engineering, everything to do with neoliberalism.
- mhb 9y agoComparative advantage?