Nations achieve high standards of living by having a productive workforce and high levels of investment. Either they produce the goods and services most in demand or import them. The latter route requires a corresponding level of exports.
The world’s most traded goods are oil, gas, and petrol; motor vehicles and parts; computers and other IT; pharmaceuticals; aircraft; and medical equipment.
Already a subscriber? Log in
Subscribe for just $2 a week
Try a month of The Spectator Australia absolutely free and without commitment. Not only that but – if you choose to continue – you’ll pay just $2 a week for your first year.
- Unlimited access to spectator.com.au and app
- The weekly edition on the Spectator Australia app
- Spectator podcasts and newsletters
- Full access to spectator.co.uk
Or
Comments
Don't miss out
Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.
SUBSCRIBEAlready a subscriber? Log in