Comparative advantage.
It may be reductive to describe Russia as a petrostate, but as far as its trade account is concerned it is certainly raw materials that dominate – oil, gas and other commodities.
documents1.worldbank.org/curated/en/099… https://t.co/Ems3D9QmiI
RT @gonglei89: Popping real estate and stabilizing its downfall is really only one step in a broader transition sequence. What
RT @gonglei89: Popping real estate and stabilizing its downfall is really only one step in a broader transition sequence. What people shoul…