Re:How the UK lost its shipbuilding industry
by Panzer04 on Monday November 10, 2025 @05:27AM
(#45874515)
Someone else starts their own mines, everyone goes a little poorer.
except for oil, most countries aren't dependant on other countries just to survive in the near term (food is one of the few things countries will usually attempt to ensure they are selfsufficent in, if it's feasible)
Makes a lot of sense in textbooks. But in the real world, when politics is involved, the whole theory breaks down. What does your text book say about China holding rare earths hostage in regard of comparative advantage?