Wow, parity is right around the corner. LOL!
We cannot export things to poorer nations that cost more to manufacture here then everywhere else, and most of our things do.
The only way for these agreements to expand our trade on an equal basis is to value all of the currency the same.
Strangely the dollar continues to fall - it is now below the Canadian value! - and the dollar is neatly coming into the range where pesos will be envisioned at near parity, once they adjust out a few things.
Then you can have your precious Amero, senor, which is where all of this is designed to go.
And don’t even try to deny it.
We can still tell that a dog has passed by seeing the paw-prints in the snow.
And we can see you, as well.
Wow, that's a whole lotta' nuthin' . . . last year, almost 1030 billion dollars' worth of goods.
“The only way for these agreements to expand our trade on an equal basis is to value all of the currency the same.”
Perhaps you should focus on debating my main points:
- Trade agreements are complex documents. Perhaps it would be preferable to have simpler agreements but I am not sure if simpler agreements are possible.
- All things equal, more trade is preferred to less trade.
- The US has many trade barriers. The old situation of open US markets and closed foreign markets has changed.
Your main point is that we cannot compete on manufacturing. On balance, I agree with your point. In specific areas, we compete very well. Our main problem is not manufacturing. We compete well in providing goods and services if we have a good political environment. The environment with over regulation, high taxes, energy mandates, union thuggery, and litigation madness is choking us. On balance, trade agreements are not a problem.
Math is hard. LOL!
Wow, parity is right around the corner. LOL!