Posted on 12/29/2007 7:19:02 AM PST by 1rudeboy
Take a look for yourself.
U.S. Trade in Goods (Imports, Exports and Balance) by Country
United Arab Emirates. [chortle]
As many times as I have looked at that page, I only just noticed that "Afghanistan" is misspelled. (At least it is not spelled without an "h" in English, although I believe that is a correct spelling in some other languages --- Finnish appears to be one from looking around the web.)
“Did you mistakely write the word “import” instead of the word “export”? The answer to your question, as written, is China and a host of others. Any country who the U.S. has a so-called trade deficit with is a country that the U.S. is a net importer of.”
I copied what you wrote.
I did not ask for you to name other countries that have a positive net import. I asked to name 1 country that WE have a positife net import with.
Thank you very much for that link. It is a wealth of information. I have it saved now.
“United Arab Emirates. [chortle]”
You are correct. I saw a few others with the link that Toddsterpatriot gave us in reply 81.
Assuming the Chinese gubmint is smart enough not to start a war, China's boom is good news all around. As is India's. Nowhere is it written that the rest of the world is obligated to remain poor so as not to compete with us. In the long run, we want China and India to rise to a level of prosperity that (1) provides a decent standard of living for their people and (2) establishes a domestic cost structure with which we can compete on a level playing field. Per capita parity is a long, long way away, but the sooner China reaches a South Korean level, the better.
Of course there are problems. China has been getting a free ride on exchange rates and is naturally reluctant to surrender its advantage. The pressure, however, is only going to grow. My layman's opinion is that China will yield sooner rather than later; the question is whether it will take sanctions first. In the end, however, China will have to accept the fact that as the (soon to be) largest economy in the world, it has systemic responsibilities larger than narrow mercantilist self-interest. China is too big to any longer be treated as an international charity case.
China is currently getting an expensive lesson on transparency and quality assurance in an international marketplace. As the Chinese economy matures, it will inevitably be pulled into compliance with international commercial norms. At the same time, China still has to deal with 600 million people stranded in the countryside, a rapidly aging population, and the need to liberalize internally to accommodate a mass professional and business class. They've got some serious problems on their plate as well.
You're welcome. The facts are handy when dealing with many emotional Freepers.
Mind-numbed...I don’t disagree with any of your analysis. However, this was just posted today here on FR which, to some degree, supports my own thesis about China’s problem:
“Rising food prices in China threaten stability”
http://www.freerepublic.com/focus/f-news/1948508/posts
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