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To: Ahda who wrote (3210)1/3/2002 9:49:46 PM
From: Lee  Read Replies (1) | Respond to of 3536
 
Could this not be answered by labor rate pegged to one world dollar?

I basically came to the same conclusion...

cut labor rates (pay and/or benefits)
increase productivity (education, technology, capital)

Of course increasing productivity requires investment, difficult to get when loans are tight. Lower labor rates seem to trigger riots. We need more options.