Results for “Catherine Mann”

Countries trade with each-other, and trade is in the context of goods, services, labour and many other things. They trade with each other because they're different, and have different tastes and preferences, different attitudes towards risk, different technological frontiers, different resources, different climate and ecologies and so on. It's differences in tastes and preferences, resources and technology together with ways of thinking (manifesting in managerial and design differences) which are the reasons countries benefit when they trade with each other in goods, services, finance and labour.

I'm surprised that people argue that economic integration causes a loss of identity. In fact, countries get the benefits of their own country (whether it be food, types of goods, technologies) but in-addition, they get the benefits of all the things other countries produce too. Economic integration doesn't remove a country's identity, far from it… rather the range of products, services, instruments and intellectual processes available increases. You keep what you have and add things from abroad. This is not reducing identity, but expanding it.

Economic integration doesn't remove a country's identity, far from it… rather the range of products, services, instruments and intellectual processes available increases. You keep what you have and add things from abroad. This is not reducing identity, but expanding it.

It's differences in tastes and preferences, resources and technology together with ways of thinking (manifesting in managerial and design differences) which are the reasons countries benefit when they trade with each other in goods, services, finance and labour.