As Adam Smith put it so eloquently in The Wealth of Nations, “If a foreign country can supply us with a commodity cheaper than we ourselves can make it,…
…it is only right that we should learn their method of production, so that we too can master
the commodity…”
…then we would be well-served to include them in our supply chain…”
…better buy it from them with some part of our own industry…”
…we should barter with them or take it by force if they prove to be unreasonable…”