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Their industries are too weak to compete with foreign competitors.

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16y ago

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Why do some countries fear iincreasing economic interdependence?

Some countries fear increasing economic interdependence due to concerns about loss of sovereignty and control over their domestic policies. They worry that reliance on foreign markets and supply chains can make their economies vulnerable to external shocks and geopolitical tensions. Additionally, there is apprehension that interdependence may lead to unequal power dynamics, where stronger economies can dominate weaker ones, potentially undermining local industries and employment.


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