Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: THE ANT who wrote (59396)	12/27/2009 1:46:32 PM
From: elmatador	Read Replies (1) \| Respond to of 217544

The notion that a country must be competitive is flawed. Here is why: If all a country produce would be sold in a free international market, your assumption would stand. So that costs down would mean more competitiveness for the output of a given country. If a country is competitive vis a vis the rest of the world in a few sectors, say raw materials and agriculture, which are in high demand, it can earn foreign currency to buy the other goods and services the other countries are more competitive at. It is important to note that is trade makes up 15% of the GDP, it is less important for a country to be competitive since its goods and services andre produced and consumed internally.