• merc@sh.itjust.works
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    3 hours ago

    countries trade for what they cannot make

    That’s the North Korea model. I don’t think people in North Korea enjoy life much.

    “Countries trade for what they’re not specialized at” is the South Korean model. They import almost everything, and export high-end electronics, cargo ships, cars, etc.

    I would rather live in South Korea, don’t know about you.

    • lime!@feddit.nu
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      2 hours ago

      i think technically “juche” is the north korean model, which specifically lists what industries are allowed and not. doesn’t seem like a good idea.