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Herpes-in-space t1_ixolob4 wrote

Reply to comment by Kingjoe97034 in ELI5: Why do countries import and export the same exact resource? by Premium_Woman

Right, say we're in Herpinastan and I own a salt mine. You own a beef buillion cube company and need salt. Maybe local market conditions dictate you can pay $1 per pound of salt, but Americans will pay $6 per pound if we call it Herpina Sea Salt.

My salt would be exported and you may need to import some.

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Tederator t1_ixql7rt wrote

I read an article many years ago about this, giving the example of Canadians importing American carrots because they look nicer and the US buying Canadian carrots because they taste sweeter.

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