That is, free trade Between the US, Europe, Japan would be positive for all involved. Free trade among areas that are not at the same level of economic development ends in exploitation and conflict.
That's why free trade between the US, Europe and Japan after WWII didn't work.
103 posted on 10/04/2007 8:44:07 AM PDT by Toddsterpatriot
(Ignorance of the laws of economics is no excuse.)
After WWII, the US, Europe, and Japan were not at the same economic level. Japan and Europe were still recovering from the effects of a devastating war.
154 posted on 10/04/2007 9:36:37 AM PDT by quadrant