"bryan chaisone" wrote in message
om...
"Jay Honeck" wrote in message
news:jVT8d.197752$D%.81366@attbi_s51...
True, but we could lessen this affect quite a bit by pursuing free
trade agreements with 1st world partners, instead of 3rd world. With
3rd world partners big business gets cheap labor and they get a market
to dump cheap goods. Our middle class loses. With 1st world partners
we'd get a market for high-value-added goods and no cheap labor
competition. The middle class would win.
Which 1st world countries don't we have free-trade agreements with?
Would someone please give me a definition of 1st, 2nd and 3rd world
countries?
What is the deciding factor?
Bryan
Bryan a lot of this goes back to Cold war days but basicly, US, Western
Europe and Japan is the 1st World. The old Warsaw pact countries were the
second and all the "Developing countries" were the 3rd.
There will be those that will disagree.
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