How does one buy a country?

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Does it have to be put to vote to the population Who agrees the price, what happens to the money. Does a country have deeds like a house? What happens to the sovereignty of the natives if a sale goes ahead. Do they become citizens on the purchasing country? If a nation were considering the offer, do they have to put the country up to tender and accept alternative bids? When was the last time a country was sold? Sorry, I have many questions.

In: Economics

6 Answers

Anonymous 0 Comments

> Who agrees the price

The countries doing the negotiation.

> Does a country have deeds like a house?

No. The “Owning” country and “Buying” country each pass a law confirming the trade.

> do they have to put the country up to tender and accept alternative bids?

No.

> When was the last time a country was sold?

Most recent example I know of is the purchase of Alaska, but then again this is very dependent on what you mean by “country being bought”. Generally, sovereign nations don’t sell their own land for obvious reasons.

> Literally every other question

No set standard, is part of the negotiation. This isn’t a common thing, and the process is different every time it happens.

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