Nationalistic Politicians Need to Heed the Intricacies of Global Supply Chains
The hot topic in international diplomacy is "trade wars." The idea that a major economic power, by blockading access to certain economic resources to foreign firms, can somehow hurt foreign economic interests to such a degree that the foreign country in question has no choice but to make economic concessions. The idea is rooted in a "zero-sum" mentality, whereby economic victory and resulting benefits of one country and its firms is correlated with economic defeat and economic costs of another country and their companies.