To: Crocodile who wrote (14926 ) 12/30/2004 5:10:35 PM From: 49thMIMOMander Respond to of 20773 Jeff Bader, Former U.S. Trade Rep. Jeff Bader, Former U.S. Trade Representative, discusses trade and topical issues. 12/30/2004: WASHINGTON, DC: 30 min. Alan Tonelson, U.S. Business & Industry Council Alan Tonelson from the U.S. Business and Industry Council discusses globalization, trade deficits, and business issues. 12/30/2004: WASHINGTON, DC: 30 min. -- Archived from today:c-span.org but better to use the search function as the program links are "dynamic"c-span.org c-span.org Tonelson has written "that book", something like "The Race to the Bottom"??search.yahoo.com Stuff like "symmetric and assymetric free trade", etc.. For example, EU tries to _build_ the manufacturing _and_ consuming "skills" in developing, low cost nations. One mechanism is to use import-quotas (for textiles,etc) for different low-cost economies so that the they can make stable long term investments, increase their own "consuming" (with some imports from EU) etc.. The WTO "assymetric free trade" stuff starts this january. One possible outcome is that the manufacturing in Pakistan, Indonesia, Thailand,India, etc moves to China, that is, from the possible "terrorist economies" to a less possible(China). Plus the difference between outsourcing for cheap labor and then ship back (WalMart,etc) vs. outsourcing production to also be sold in the target economy, etc. Specifically to not have the low-cost economies to "Compete to the Bottom".. (that time comes after they have been able to invest in infrastructure,etc for some 15-25-35 years, 1-2 generations) PS this WTO rule allows some time for "adaption", but as it looks, then the race is on, who can move manufacturing around the fastest, to gain some 0.5% in labor cost profits every time.