External Economy Quotes

Quotes tagged as "external-economy" Showing 1-1 of 1
“Nations do not exist in isolation. Peoples have always roamed the globe in search of different opportunities. Nations principally trade to expand their consumption possibilities. In a world where we produce to consume, receiving goods and services is better in material terms than sending them elsewhere.”
William F. Mitchell, Modern Monetary Theory: Key Insights, Leading Thinkers