Things are even more problematic than tariffs keeping the people poor.
Developing countries do not have hugely diverse domestic industries with top of the line offerings. How can one create a successful business if every niche or high quality product you have around costs a lot more for you than for your compettitiors in developed countries?
Developing countries do not have hugely diverse domestic industries with top of the line offerings. How can one create a successful business if every niche or high quality product you have around costs a lot more for you than for your compettitiors in developed countries?