No
country in the world is self sustained. By nature, every country has some
resources in its limit and some resources are unlimited by nature. Economics
clearly has defined that resources are scarce in nature; so, countries must be
interdependent if it wants to satisfy the wants and economical needs to the
growing population.
No countries can be interdependent
in today’s market. The best examples could stand with reference to today’s
market is, satellite services. E.g. Coca Cola, cars, electronic goods etc.
Today every country wants to consume
goods and services at the cheapest price and at the best advanced technology.
To produce these goods and services in its own country with the available
resources, it may not be possible to achieve the task due to lack of resources,
lack of capital and lack of technological advancement. All these factors have
led to interdependence of countries within a global market.
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