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<p>[QUOTE=&quot;Cloudsweeper99, post: 1129125, member: 3011&quot;]Trade does more than that.&nbsp; Items do not hold the same value for all people in all places.&nbsp; The person with water in the desert is wealthier than a person with the same quantity of water elsewhere.&nbsp; Since value and wealth are relative, trade makes both parties wealthier by permitting them to trade that which has less utility to them for items with more utility [i.e., marginal utility].&nbsp; It&#039;s the fundamental principle behind all trade, and why trade increases the standard of living for all participants.&nbsp; That&#039;s just the way it is.&nbsp; In the old Soviet Union, they would produce some goods in quantities far beyond what could ever be used and counted it as an increase in GDP because they never grasped that the last pair of shoes might not create as much wealth as the first pair if it was not needed.&nbsp; That&#039;s why they collapsed.&nbsp; They didn&#039;t know how to measure wealth.[/QUOTE]</p><p><br /></p>

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