Posted on 11/10/2010 11:28:37 AM PST by Andrea19
...More important is the overall economic benefit ratification of the U.S.-Korea FTA would bring. Today, South Korea is the world’s 10th-largest economy and America’s seventh-largest trading partner. The US-Korea FTA would abolish 95 percent of tariffs on all industrial and consumer goods within three years, and remove most of the lingering 5 percent within a decade. Since tariffs and trade barriers amount to government-imposed costs on both companies and consumers, eliminating these barriers in a free trade agreement amounts to a significant tax cut for both countries. Additionally, the U.S. International Trade Commission estimates that enacting the FTA would increase U.S. exports by $10–11.9 billion...
Read more: http://www.atr.org/new-direction-u-s-trade-begins-a5646#ixzz14uHjdrPY
(Excerpt) Read more at atr.org ...
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South Koreans pay something like 4 times the world price for rice and its their main food because of protectionism.
Well don’t we pay something similar for sugar?
yep
incidently I love white rice with sugar!
I’m from the Deep South and I’ve eaten a lot of weird things in my life but I think I threw up a little in my mouth when I read that.
wait... You never boiled rice and then added sugar and ate it like a cereal??
Oh you are missing out!!
I don’t think I am, and I eat rice like I drink water. I’ve eaten rice with blood mixed in it but I’ll never try it with sugar.
ooookay.
blood, right. Much better than sugar. lol.
I do prefer the savory :)
Its called blood boudain, they don’t make it much anymore though.
ah, cajun food?
creole, but who’s counting.
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