| palou said: I mean yes, you participate *somewhere* in the process of manufacturing modern consumer good, and designing, and etc... but the point is, so does everyone else.
This kind of stuff:
And each of those parts could certainly be broken down further, where you'd start seeing non-EU countries start to pop up.
The enormous efficiency of the modern economy stems from hyper-specialization, something that could certainly not be scaled down to a country the size of Australia effectively. |
We were manufacturing ALL the smaller specialized components for vehicles rather than importing them for decades. And we can return to that at any time, those factory's still exist, just in a reduced fashion... And are actually being switched over to doing components for the military as our car manufacturing industry winds down.
The way we did it was a company like Holden would re-use various components over multiple vehicle releases, which helped reduce the financial cost over the long term.
For instance... A bonnet on one Holden commodore would be re-used on 3-4 later vehicle releases and thus be in production for 5+ years.
We don't actually have Nuclear Energy either, we have all the technology to build Nuclear Weapons and Nuclear Power Plants and we have one of the largest Uranium reserves in the world... The potential is there if the need ever arises.
The EU is far different to that of Australia though, there are dozens and dozens of smaller countries all sharing a land border with each other and many have integrated their markets with one another, Australia doesn't have that Luxury, with the exception of New Zealand to a smaller degree.
Just remember though, just because a country imports something, doesn't mean they can't be self sufficient, it just makes them financially prudent.
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