Sharing is Caring: Why Limiting Trade Hurts the World π
Have you ever traded snacks with your friends at school? Maybe you gave someone your apple for their cookies. Trading makes everyone happy because you get something you like!
But what if one day, your friend says, “I’m not trading with you anymore!” That wouldn’t be fun, right? This is a bit like what’s happening between some countries.
Kirill Babaev, a smart person who studies countries and how they work together, says that when countries stop trading freely with each other, it hurts everyone. He works at the Institute of China and Contemporary Asia in Russia. He shared his thoughts with CGTN, a news channel.
“Unilateral trade limitations can only decrease the growth of the world economy,” he said. That means if one country decides on its own to put rules that stop trading, the whole world can suffer.
He hopes that big countries will understand that it’s better to keep trading freely. When countries trade without lots of extra rules or taxes, it helps them all grow and be happy. It’s like sharing toys or snacks; everyone wins!
So, next time you trade something with a friend, remember that sharing and being fair is important, not just for us, but for the whole world! π
Reference(s):
Unilateral trade limitations threaten globalized economy's survival
cgtn.com