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by eru
1862 days ago
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Huh? You can't just keep importing, because your trading partners want to be paid. In the long run, imports and exports have to be balanced. (Some countries export capital goods, like the US: when Chinese investors buy American startups or real estate that doesn't show up on your usual export statistics, but essentially it's still an American export.) So if you are importing, you can't help but develop exporting industries. I'm not quite sure what you mean by bargaining chip? What's there to bargain? You just declare unilateral free trade, and let other people decide on their own policy. |
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