Read more on this subject: Trump Administration
News Story Source: zerohedge.com by Tyler Durden
As VisualCapitalist's Jeff Desjardins explains, whether those inputs are inexpensive labor, ample amounts of natural resources, or a surplus in engineering talent, countries can use these advantages to manufacture and sell goods on the international market at a higher level of quality or a better price than competitors.
SIMPLIFYING WORLD TRADE
Today's infographic comes to us from VoucherCloud, and it helps us get a sense of this specialization by looking at the top export of every country in the world. It's a simple but telling way to see what countries are 'good' at producing… and therefore, what is the most-damaging tariff that Trump could apply on each nation…
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