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Can't really compare the three fields: transportation is key to everything, people need to go to where they generate revenue. So does merchandise. Agriculture,
by onetimemanytime 8y ago
Can't really compare the three fields: transportation is key to everything, people need to go to where they generate revenue. So does merchandise. Agriculture, can't eat a painting, can we? Nor can we use the art money to buy wheat from Russia long term.
so apples and oranges.
- deleted 8y ago[deleted]
- angry_octet 8y agoExactly, you have to have transport and agriculture to enable that level of art. Likewise, tourism, education, construction. It is really a meaningless comparison in one sense. But it does make sense in terms of things like trade disputes: why put tariffs on ordinary steel/aluminum to prop up an inefficient and undercapitalized industry, when that imposes massive costs on a much bigger industry like construction? Or alternatively, one should look at the linkages between industries, and see what the choke points are.
- Nasrudith 8y agoAll three are commodities and thus replaceable. No nation technically has to have any of the three but in practice they all do. Relying on external imports for agriculture has generally been a poor idea for any nation which can avoid it for reasons of blockade/siege vulnerability and stability and price stability but it is in fact perfectly possible to sell art and buy wheat from Russia or anybody else on the market longterm.