The case study I should be writing right now pertains to the Free Trade Agreement between South Korea and the US, or, KORUS. As I'm studying information in my text book and online, I have the same thought that I do every time I look at information comparing US exports to imports- "Dis be cray cray." (Yeah, I do talk to myself in a SUPER professional vocabulary all the time.)
Source: http://www.census.gov/indicator/www/ustrade.html |
Transfer this thought process to something as basic as grocery shopping. If you and your family decide to have taco night on Christmas Eve, you expect for everything you need to be at the store: fresh tomatoes. avocado. the greenest, largest head of lettuce ever seen. But there's a problem: these products don't grow naturally in the middle of December anywhere around here. Granted, we can get avocados from California, and most likely tomatoes, too, but usually here in East Texas they come from Mexico. Luckily, we have a FTA with them too. (Yes, that NAFTA thing is great for taco night.)
And sure, a $2 avocado isn't going to make that much difference, but what about the car industry? It has been said that the automotive industry is linked to more sectors in of the economy than any other industry. It is responsible for about 1 in 10 jobs in all industrialized countries. What I'm saying is that the auto industry is HUGE. So what about my imported car from Germany? Or that Toyota across the street? Yes, those are costing the United States a huge imbalance! But guess what? It's what we asked for. We want the blue scooter from China rather than the red bike from Chicago. It adds up quickly and we are the only ones who can do anything about it.
I'm not trying to start some radical grassroots campaign of only buying products "MADE IN THE USA," just shining a light on the issue. Now, I'm going to go buy some avocados and pico. I want some unnatural imported guacamole.
xo_vs
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