To: Cronos
161 - "The free traders like Singapore, Japan, Korea, etc. "
Sorry - I don't know about Singapore, but Japan and Korea have the most protected markets in the world, with tarriff barriers and import restrictions and all kinds of barriers to imports.
That's how they grew - they protected their home industries while developing export businesses.
Take a look at the attempt of Shick to sell razors to Korea as only one example.
247 posted on
04/13/2004 5:20:53 PM PDT by
XBob
To: XBob
Sorry - I don't know about Singapore, but Japan and Korea have the most protected markets in the world, with tarriff barriers and import restrictions and all kinds of barriers to imports. That's how they grew - they protected their home industries while developing export businesses.
So now we should copy the Japanese?
After all, they had a trade surplus of over $90 billion in 2002. Is that your recommendation?
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