Why is Trading with different countries so important and why did the US force japan to trade internationally even if they didn’t want to ?
In: Economics
Trading is important due to specialization… some countries have lots of oil, others have none. Some countries have vast land for growing corn and wheat, others do no. Some countries have skills to build microprocessors or LED screens and others do not. Without international trade, people in Switzerland would still be riding horses and there’s be no cell phones in Africa. Very few countries are vast enough and diverse enough to be self sufficient.
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