Exporters Vs. Importers Vs. Isolaters. (THE TRUTH ABOUT THESE)
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Donovanator
~A higher demand for workers comes around.
~Gain money and profits from other countries.
~A higher demand for companies occur.
~Doesn't need foreign goods to fight in a war as long as they have an iron resource state.
~Economy grows better based on foreign demand of goods, and if the country it is exporting to is at war
~Inflation might occur if government produces any money, and if unemployment gets below 4%
Importers (countries that take in goods)
~Strengthen foreigners more than self.
~Dependent on exporters.
~A lower demand for workers.
~A lower demand for companies occur.
~Economy doesn't grow as fast as exporters.
~Inflation goes down,or to the point of deflation.
~Harder to find a job.
~Puts own companies outta business.
Isolators (countries that don't import or export)
~ The demand for workers and companies increases as long as deflation doesn't occur, but demand does not increase as fast as exporters.
~ Can depend on self during times of war.
~ Economy grows based on demand within itself, but might increase during war.
~ Inflation will occur if unemployment reaches below 4%.
~ Won't be as hard to find a job as importers, but not as easy as exporters.
As you can see the worst (i believe) one to be is importers........So why limit ourselves?
I believe i kept this as unbiased -as possible.
Comments
permataxx
First! Wow, my first first in days 😛
Nooooooooooooooooooo. So close. Damn you
don't worry - he spelled it wrong.
you said that importers were the worst but what do you think is the best?
Isolators and Exporters.....
Exporters gain global wealth.
Isolators aren't dependent on anybody.
So i am undecided about the two- i really don't care as long as we aren't importers.
voted*
Exporters are always the best......thats why china is rapeing in RL
good article
VOTE THIS UP!
"Strengthen foreigners more than self."
So what? The marketplace is not a zero-sum game. If we both win, we should not fear.
@Tyrsis
http://www.erepublik.com/en/company/kbv-food-3-licenses-30142
they have been selling q2 food at ridiculously low prices for a few weeks now in the US. Every time I check, the US is the only country they are selling it in. Our companies have to either lower costs to compete, (since with 23 employees, they make a ton of food) or wait for the food to get sold. The government is making it profitable for foreign companies to sell to us at cheaper costs than American businesses can afford.
RAISE IMPORT TAXES
Our consumers are enjoying it. Who are you to say what is a ridiculously low price? No price is too low for the consumer.
A ridiculously low price is a price that no company can hope to compete with.
If no company can compete with it, they will go out of business trying. Meaning there will be no jobs for Americans. If there are no jobs for Americans, then they will not have any money to buy these products. The low prices are hurting America.
"No jobs for Americans" is a blatant exaggeration. We shouldn't support and prop up the industries which require protection in order to survive. All we are protecting is inefficiency and wastage. Those businesses that shut down liberate their employees to work in new companies where the USA is better off operating.
It is the process of creative destruction and allocative efficiency.
Are you a protectionist Wojtowicz, or vested in your own business interests? I understand your point. Free market rules apply: If there are workers and a market, they will be employed. If our food industry fights, then let it. But if we're exporting thousands of USD worth of wood and oil overseas and it employees the workers lost, then why be concerned? Our population gains cheap food and keeps jobs.
At the very least you have to say that in order to compete, businesses will have to lower employee salaries. Since foreign currencies are weaker than our own, and therefore foreign businesses can get away with paying their employees less (in way of gold) at the moment, we would have to lower salaries to the point where our employees make wages comparable to these foreign countries.
will the consumer be happy when they are making 3 dollars a day (and a gold is selling for 20 dollars)? no. You know who will be happy, though? People who try to make this happen and stockpile USD so they can buy gold cheap. Perhaps this is what the congress is doing?
End Corruption. Do not re-Elect Congressmen who voted "yes" to the new tax laws.
OH DEAR GOD! Take an economics class, trade is mutually beneficial and as Tyrsis pointed out economics is not a zero sum game. Also, you're assuming that you're either an importer or an exporter. You want to talk about China being strong in RL? They import huge quantities of raw materials and export huge quantities of intermediate inputs and finished goods. We, like everyone else, both export and import. Also, it's better to be a theoretical "importer" than isolationist. Do you know what the Autarky price is? Listen there are points of economics that are debatable, and there are those that are not. This is one that is not. Trade=good 100% of the time.
I like what donovator usually writes but you are wrong on this. I don't know how this is unbiased if you didn't list a single benefit for being an importer. Very disappointing.
Nobody is purely an importer or an exporter. Countries import some good and export other. It's not mutually exclusive. You have to let free market take care of the industries that are weak.
So what's the point of talking about it, if it's never ever going to happen. Talk about the Congress being stupid instead of presenting a bad view of importing.
It's theoretically impossible to tax American companies more than foreign ones, it is possible for them to pay equal taxes, but unless there is some negative import tax I haven't been made aware of, it is actually just impossible.
Very good!
do foreign companies pay income taxes on their profits?
Wojtowicz Holdings: Yes, to their own country though. I welcome tax competition between countries.