Feedback on international trade

timer Asked: Apr 16th, 2016

Question description


The United States relies less on international trade for its high standard of living than most other developed nations because it is continental in size with immense natural and human resources. As such, it can produce with relative efficiency most of the products it needs. Contrast this to the position of a small nation, such as Switzerland, which can specialize and export only a small range of commodities and imports all the others.   Thoughts?

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