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aziz memmi

Student in Business administration, Tunis business school

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Independence of economies

Can an economy be [totally] self-sufficient ?

Topics: economics
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    Apr 29 2013: I suppose you mean a national economy.
    Take away from your society all the things that were not invented or made in your own country, and see what you're left with. Away with all electronics, cars, airplanes ... In fact away with most things we live with. Pretty sad.
    We certainly need trade and international investments. We must get used to the fact that we depend on one another, which is not a bad thing in principle. Whether we have the wisdom to manage the potential drawbacks and prevent exploitations that may arise from globalism is the flip side of the coin. That may take centuries to work out.

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