Re:Ghana will no longer sell cocoa to Switzerland
by devdas on Friday March 19, 2021 @04:45PM
(#26517997)
South Korea. China. The US. The UK. Singapore has pretty much no manufacturing.
Re:Ghana will no longer sell cocoa to Switzerland
by refurb on Saturday March 20, 2021 @02:58AM
(#26521338)
Singapore has one of the largest petrochemical refineries in Asia by throughput. It also has a very large pharmaceutical manufacturing base. No doubt there are other industries I don’t know about.
Re:Ghana will no longer sell cocoa to Switzerland
by devdas on Friday March 19, 2021 @04:46PM
(#26518007)
In fact, if you want actual free trade, then trade in labour must also be freely allowed.
Freedom of movement to everyone, as inside the EU, would make even more sense. Every country is rather protective of that though.
What are the examples where protecting a country from exports for a few decades then opening it up to competition actually produced a world-class industry? Singapore is an example of a country that has been pro free-trade and has benefited as a result.