7 ms·
>Trade and reducing poverty or hunger are not at odds. This is a statement that is not necessarily true on its face. When the country's currency is gradually
by omegaworks 8y ago
>Trade and reducing poverty or hunger are not at odds.
This is a statement that is not necessarily true on its face.
When the country's currency is gradually inflated away to worthlessness [1] and economic prospects are limited for non-landowning classes of people, trade and reducing poverty can indeed be at odds. You need only look at history [2] to see the real effect imperialist export policies can have on a population.
1. https://www.xe.com/currencycharts/?from=USD&to=ETB&view=10Y https://www.xe.com/currencycharts/?from=USD&to=ETB&view=10Y
2. https://en.wikipedia.org/wiki/Great_Famine_(Ireland) https://en.wikipedia.org/wiki/Great_Famine_(Ireland)