4 ms·
> so long as they also specialize in something that China needs tomorrow, China may learn to specialize in that something. It is never a good strategy to dep
by foolinaround 6y ago
> so long as they also specialize in something that China needs
tomorrow, China may learn to specialize in that something.
It is never a good strategy to depend on the weakness of others for the long term.
- admax88q 6y agoThat's the whole argument of comparative advantage though, even if China is better at everything its still in their best interest to trade because everyone comes out ahead if they specialize in what they're best at.