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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (66400)	7/19/2005 3:07:42 PM
From: energyplay	Read Replies (1) \| Respond to of 74559

Hi Elroy - Japan got first choice of industries. Many dumping charges against Japan were undercut by various admimistrations in Washington concerned with National security, and wantinga prosperous Japan to serve as a barrier to Russia. Japan had to dump - sell well under the wholesale prices in Japan , and under the actual cost of production. In many cases, China is not selling under the cost of production, their costs are so low they can make a profit. China has allowed much more FDI, so US firms and investors can make some of those profits. ************* "How are these sentences different? "some of the free trade effects have been bad for the U.S. - especially related to Japanese dumping then taking over industries" "some of the free trade effects have been bad for the U.S. - especially related to Chinese dumping then taking over industries" It seems like a re-run of an old movie."