Supply Chain Quotes
It is very easy for an American company to make parts in the United States, ship them to Mexico for assembly and bring the finished product back. However, for counties like France it is much more difficult.
Despite this economic reality, many underdeveloped nations sell their raw materials because it is easier than the alternative which takes capital investment in processing plants and equipment, training of workers, and establishing a marketing mechanism. Most third world nations are limited in their capacity to do this but they have abundant natural resources.
This is one of the earliest examples of the establishment of a type of Commerce Department – a government institution to look after the commercial affairs of the state.