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The US chooses to allow unlimited competition from China. China allows limited competition from US companies with their nascent industries. Switzerland is a f
by lumost 6y ago
The US chooses to allow unlimited competition from China. China allows limited competition from US companies with their nascent industries.
Switzerland is a fascinating example of a country which almost entirely bans foreign competition in anything they can reasonably produce domestically. Costs are high, but wages are higher.
- polskibus 6y agoDo you have some references on how the bans work in Switzerland? I live in EU and have never heard about Swiss having some parasitic relationship with EU (meaning export to EU is ok, but import is not).
- xiphias2 6y agoThis was probably working while the Swiss people were working and buying their products, but in Zurich Swiss people do banking and non-Swiss people engineering (and the number of non-Swiss people grow exponentially, now maybe 1% of people in Zurich is a Googler). They usually go to the German border for weekend shopping instead of buying the expensive Swiss products.