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> No, but capitalism is the sole source of international trade. It's not though. As an example, North Korea's exports [0] in 2021 were around US$150M, down mor
by cassianoleal 4y ago
> No, but capitalism is the sole source of international trade.
It's not though. As an example, North Korea's exports [0] in 2021 were around US$150M, down more than US$30Mi from the previous year. Their imports [1] were larger, at ~US$276Mi, about half the previous year's.
Cuba's exports [2] are much larger, just short of US$1Bi for 2021, and nearly US$8.5Bi imports. [3]
It's feasible to imagine that non-capitalist international trade would be of much higher volumes if it weren't for the embargos these countries suffer.
[0] https://tradingeconomics.com/north-korea/exports https://tradingeconomics.com/north-korea/exports
[1] https://tradingeconomics.com/north-korea/imports https://tradingeconomics.com/north-korea/imports
[2] https://tradingeconomics.com/cuba/exports https://tradingeconomics.com/cuba/exports
[3] https://tradingeconomics.com/cuba/imports https://tradingeconomics.com/cuba/imports