Tuesday, May 6, 2014
CH. 12
Trade makes us richer. Every country will benefit from trading something that they specialize in. A country should figure out what they can create for the least amount on money and then use that to trade for better things. Americans do not create their own things because it can be done over seas for less money. This may mean that some Americans lose their jobs to foreign competition, but then the people in America won't be wasting their time on that. They can create something even bigger and better. Like the engineers in Seattle who build airplanes. They do this because people in Bangladesh can create the sweaters and these airplane engineers don't have to. This is somewhat of a cruel way to look at all of this, but that is what happens. For countries and companies to make the most money this is the most logical way to do so. Even if it does not seem right.
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