4 ms·
Nations are just as relevant as businesses as abstractions as far as trade is concerned. Free trade across the world arguably only exists because it's made poss
by himinlomax 2y ago
Nations are just as relevant as businesses as abstractions as far as trade is concerned. Free trade across the world arguably only exists because it's made possible by the rule-based order with the might of the US Navy and affiliates to secure it.
- Gormo 2y agoNations are abstractions. Trade involves individuals and businesses. Whatever the US Navy is doing to secure overseas shipping lanes doesn't change the nature of that in any substantive way.
- himinlomax 2y agoBusinesses are abstractions. You can't touch a business any more than you can touch a nation.
- solumunus 2y agoTrade involves individuals, businesses and nations. Government policy always affects trade.