Vitaliy wrote:

>>>> Free Trade Agreeement with the US.  We got screwed.  We liked it.  So
>>>> they
>>>
>>> [snip]
>>>
>>> Now, this one I can't agree with. When you have a free trade agreement,
>>> *both* sides win. Sure, you have selected industries that go 
>>> bankrupt, but
>>> the benefit to consumers (cheaper goods) far outweigh the losses of 
>>> a few
>>> underperforming companies. Macroeconomics 101.
>>
>>
>> Well, that's how it's *supposed* to work.  Practice differs from theory.
>>
>> Tony
>
>
> And you know that, because...?

Well I live in a country (New Zealand) that screwed itself badly in the 
late 1980's with the theory that 'free trade = good'.

In practice, it seems to me that a free trade agreement is often a way 
for large rich countries to take advantage of small or poorer countries, 
and our leadership still hasn't learnt that :(

Cheers,
Roy Ward.
-- 
http://www.piclist.com PIC/SX FAQ & list archive
View/change your membership options at
http://mailman.mit.edu/mailman/listinfo/piclist