To: scottlang
One thing that China has in abundance is cheap labor. This is a fact that cannot be changed by any amount of tariffs or quotas. Consumers in America, and in other countries will demand low cost goods, all other things being equal. America should compete in those areas where it has an advantage.
51 posted on
08/24/2003 10:09:16 AM PDT by
fhayek
To: fhayek
"One thing that China has in abundance is cheap labor. This is a fact that cannot be changed by any amount of tariffs"Wrong again, this is exactly what tariffs can change. If China gains a 30% advantange using low cost slave labor then a 30% tariff eliminates that advantage! It effectively raises the cost of Chinesse labor! Pretty cool huh?
54 posted on
08/24/2003 10:36:25 AM PDT by
jpsb
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson