Two-way Trade in the “Same” Commodity

by | Jul 20, 2018

Two-way Trade in the “Same” Commodity

by | Jul 20, 2018

Sunday, when my grocery guy Lucio came to my gate, his truck contained, along with the usual variety of produce and other foodstuffs, a box of beautiful strawberries, which I snatched up along with my other purchases. As often in the past, these berries came from Driscoll’s in Watsonville, California, where—interestingly enough—they were almost certainly harvested by Mexican and Central American workers.
Out of curiosity, I looked up more information about this firm and found it to be even more interesting and entrepreneurial than I had previously imagined. My access to this product, here at the ends of the Mexican earth, I file under the rubric Miracles of the Market.
This situation—strawberries being grown in the USA and shipped to the far reaches of Mexico—illustrates one of the often-overlooked realities of international commerce: the same product is being exported and imported by each country.
Many strawberries are grown in Mexico and shipped to the USA for sale, as every American is probably aware. But strawberries are also grown in the USA and shipped to Mexico for sale. There is no contradiction or economic anomaly here.
Read the rest at independent.org.

Robert Higgs

Robert Higgs is Senior Fellow in Political Economy at the Independent Institute, author or editor of over fourteen Independent books, and Editor at Large of Independent’s quarterly journal The Independent Review.

View all posts

Our Books

Shop books published by the Libertarian Institute.

libetarian institute longsleeve shirt

Our Books

cb0cb1ef 3fcb 417d 80d8 4eef7bbd8290

Recent Articles

Recent

TGIF: On “Public Property”

TGIF: On “Public Property”

A dubious theory held by some libertarians has been knocking about. It goes something like this: The claim that government-controlled land is actually unowned—and thus not properly subject to government rulemaking—would lead to consequences that reasonable people...

read more
No, Your ‘Doggo’ Doesn’t Have Rights

No, Your ‘Doggo’ Doesn’t Have Rights

Whoever argues in favor of granting rights to animals, has first accepted that humans have rights and believes that animals must also be recognized as subjects of rights. And only someone who has a notion of what having rights means can meaningfully ask for this. Yet...

read more

Pin It on Pinterest

Share This