| View previous topic :: View next topic |
| Will lowering trade barriers help the Korean economy? |
| Yes. Increased foreign trade is a benefit to the country. |
|
75% |
[ 6 ] |
| No. Increased foreign competition will harm the economy. |
|
25% |
[ 2 ] |
|
| Total Votes : 8 |
|
| Author |
Message |
mises
Joined: 05 Nov 2007
Location: retired
|
 Posted: Sat Apr 25, 2009 7:47 am Post subject: |
 |
|
| TheUrbanMyth wrote: |
| mises wrote: |
No, he shouldn't.
He should crush the Koreans first. Reciprocity on all goods, similar goods and subsitutables. After the ROK economy falls apart, then you force them open. |
Which would mean the vast majority of the foreign teachers here would lose their jobs. Wonder why you think that's a good thing? |
English teachers will not be a point of consideration for trade policy. Unless you band together and finance a multimillion dollar lobbying effort. |
|
| Back to top |
|
 |
Kuros
Joined: 27 Apr 2004
|
| Posted: Sat Apr 25, 2009 12:39 pm Post subject: |
|
|
| TheUrbanMyth wrote: |
| mises wrote: |
No, he shouldn't.
He should crush the Koreans first. Reciprocity on all goods, similar goods and subsitutables. After the ROK economy falls apart, then you force them open. |
Which would mean the vast majority of the foreign teachers here would lose their jobs. Wonder why you think that's a good thing? |
The FTA benefits Korea quite a bit, but that's hardly an argument against it from the American perspective.
I disagree with Mises completely. KORUS is about opening Japan. Japan was getting ready for FTA talks when two of its three greatest trading partners were beginning to get a lot more cozy. Opening up Japan means a better shot at a positive trade balance.
Divide et impera. Ally with the lesser against the stronger. These Roman and Machiavellian principles should guide us. |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
