The world of today has for the most part, grown into a large interdependent working unit. One country predominately producing oil can not consume that oil and conversely the country with vast land for agriculture can never utilize the land’s potential without gas for its machinery. Trade then is a natural process creating synergy. The whole becomes greater than its individual parts. A reality then exists that the U.S. economy cannot enjoy a …showed first 75 words of 1343 total…

…showed last 75 words of 1343 total…of different markets that are not dominant in the U.S. but are prevailing in other countries. A few examples are the car, shoe, clothing, jewelry, and most importantly oil industries. Without trade, we would have very little, if any of the foreign goods and services provided to this country. Can the United States economy maintain its high standard of living if it were self-sufficient? The answer is simply “no,” because trade is too important.