Yes but i suspect that competition would be less fierce within the country, for two reasons:
the central government can stand in and regulate that “a factory may only produce a specific amount of goods”. such regulation works better on the smaller level, because regulatory oversight is easier to achieve.
i guess that maybe the competition could naturally be less fierce. Consider: you would not want to pick a fight with the neighbour that lives directly next door; because you still have to get along well with him. It’s easier to be in fierce competition with somebody who is on the other side of the world, because you will probably never see them again.
Yes but i suspect that competition would be less fierce within the country, for two reasons:
the central government can stand in and regulate that “a factory may only produce a specific amount of goods”. such regulation works better on the smaller level, because regulatory oversight is easier to achieve.
i guess that maybe the competition could naturally be less fierce. Consider: you would not want to pick a fight with the neighbour that lives directly next door; because you still have to get along well with him. It’s easier to be in fierce competition with somebody who is on the other side of the world, because you will probably never see them again.