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Unfortunately there is nothing much to discuss left here. There are two sides here. One calls other traitors(doesn't help with the argument), I personally don't care since I am a damn Canadian lol but if I were American I would take exception to that :)

Half of the arguments presented here refer to trade in the form that was done in the days of British Empire. King(government) issued permission for one trade company which then traded in specific are of interest. Those days are gone. People here really want government to control how much and where companies may sell or buy?? /boggle Seriously in the modern times even China has freer system. Only old USSR operated in that mode(did not work too good for them). Do you realize the massive damage it will do to your own economy?

Nobody replied to what I posted in my first post. Argument that marginal product has some "inherent" value outside of the price supported by the market is preposterous. Half of the argument in that article is based on that premise, Chinese and Indians underpricing the marginal product their workers are producing. It is false. There is no min price for doing anything.

One can agree with the argument given in the article about mobility of the means of production. However does that mean that trade is bad? No. When US companies trade with India do you really think there is not a SINGLE good that Americans are better/more efficient at producing? Because if we in North America are that sad, we should all commit sepuku and be done with it. But somehow I don't think thats the case.

257 - We here in the US and Canada are in a unique position. We have the largest single market in the world, by far. And we have the resources and talent and did have the factories to support that market, without trade with anyone. We also have enough oil to be self sufficient (locked in our coal and shale deposits).

Just about the only products we don't have are a few strategic minerals, like chromium.

I'm about ready to say, lock the doors, and go on our merry way.

As an example, We are the only country left not on the metric system, and we do pretty well without it.

I have lived and worked in many countries over the years, rich and poor. We are unique here. The others all lack either resources or people or government or culture. We have got it all.

I would miss bananas though.

When US companies trade with India do you really think there is not a SINGLE good that Americans are better/more efficient at producing? Because if we in North America are that sad, we should all commit sepuku and be done with it.

And this is your argument??? We are more proficient and more efficient than any other country in the world...But we can not make a house and car payment while earning less than 2 dollars per day (China)...Can you????

Millions of jobs have left North America and scores of millions more are going to leave...There are only two options to keep millions of us (you included) from losing our jobs...One of those is laws against outsourcing, and tarriffs re-inacted...The other is to get competetive with china...That means we get paid the same or less than the chinese workers get...And I'm not interested in living on stir fried rice, minus the stir fry...