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It's nice to help India's economy, or China or Russia. Unfortunately, US is not in the charitable business of helping developing economies.


You did not clearly understood the implication of "trade" part.

If trade is central to the wealth of society, then more trading with other economies of the world will lead to increased wealth in the US.

In fact, we have the largest free trade zone right here in the US. Goods and services in the US, for the most part, move freely.


Increase in wealth for whom? The upper class or the middle class or the lower class? I think qui bono is the central question in this issue. The wealthy in America benefit, but the middle and lower class does not.

Research shows, as the middle class increases in wealth, then so does the whole economy and through increasing H1B's, we are eliminating the middle class american worker to jobs overseas.


Common sense should already suggest that trade is mutually benefical because well, I get stuff that I wanted, and you get stuff that you want. Why should trade only specifically benefit some certain classes of society?

Read the article on comparative advantage. http://en.wikipedia.org/wiki/Comparative_advantage

This is the reason why we specialize and trade, because everybody will be better off.


Not necessarily, it depends who controls the trade. There is rarely such a thing as "free trade" or "free market" -- it is a pipe dream. Trade is mostly about controls, tariffs and subsidies. Usually the powerful side control the trade.

> largest free trade zone right here in the US.

That is true, but I thought we are talking about internation trade.




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