Originally Posted by Chris L
I Am I the only one who can see the double-standard?
No. Being in Canada, I wasn't too keen on the free trade agreement when it was being worked out in the 80's and after it passed I thought it was even worse when the US slapped huge traiffs on our BC wood because, the US wanted to have their cake and eat it too.
I recently read, "From Free Trade to Forced Trade" and the premise was that, despite the retoric surrounding "free" trade, the reality is, arrangements will always be made throughout the economy to encourage certain industries and endenvors. Most industries require and receive help in the early stages of development to be healthy, and believe it or not, the WTO actually keeps industries and countries in line by forcing them to follow a set of rules even if it doesn't benefit the strongest intrests (like when Canada won a ruling on the US tariffs being unfair)
** Just a reminder - these are the books lessons - I'm no economist, and I don't pretend to be one (in life or on TV)**