• merc@sh.itjust.works
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    10 hours ago

    countries trade for what they cannot make

    That’s the North Korea model. I don’t think people in North Korea enjoy life much.

    “Countries trade for what they’re not specialized at” is the South Korean model. They import almost everything, and export high-end electronics, cargo ships, cars, etc.

    I would rather live in South Korea, don’t know about you.