The issue of trade is mistakenly thought of as some great process of nations or global behemoths. It is not.
Trade, the conducting of business on an international scale, is conducted by individuals that want to make money. Making money is fun. Making money is the force driving trade. Making money makes competition both fun and worthwhile.
The phrase International Scale was used to distinguish those tens of thousands of companies that conduct trade with only a few customers. It is not necessary to be global to benefit from selling customers beyond your own borders. The scope of American Trade by small and very small companies is below the radar but is immense.
The number of jobs depending on such trade is enormous. First there is the producer, then there are the money types, the bankers that handle the exchange, then the forwarders that handle the transport, then the transporters that do the moving, then the communicators including, mail,fed ex, DHL. Then there are various people that are involved in regulating and legality and such. It included the dredge workers that keep the harbors and rivers operable. It includes the port workers and air port freight handlers and on and on and on.
To always try to analyze on a macro scale is to miss the reality of the literally thousands of small parts that collectively add up to a total transaction.
Unless the factory is in America, no net wealth is ever created. There are only three ways to create wealth: mine it, make it or grow it.
Trade, the conducting of business on an international scale, is conducted by individuals that want to make money. Making money is fun. Making money is the force driving trade. Making money makes competition both fun and worthwhile.
The phrase International Scale was used to distinguish those tens of thousands of companies that conduct trade with only a few customers. It is not necessary to be global to benefit from selling customers beyond your own borders. The scope of American Trade by small and very small companies is below the radar but is immense.
The number of jobs depending on such trade is enormous. First there is the producer, then there are the money types, the bankers that handle the exchange, then the forwarders that handle the transport, then the transporters that do the moving, then the communicators including, mail,fed ex, DHL. Then there are various people that are involved in regulating and legality and such. It included the dredge workers that keep the harbors and rivers operable. It includes the port workers and air port freight handlers and on and on and on.
To always try to analyze on a macro scale is to miss the reality of the literally thousands of small parts that collectively add up to a total transaction.
Worth repeating, and highlighting.
A+ ... bert!