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Reply #35


Response to JDPriestly (Reply #33)

Thu Apr 12, 2012, 09:13 AM

35. The US created GATS, and it's still US-based corps that benefit from it.

Last edited Thu Apr 12, 2012, 02:07 PM USA/ET - Edit history (1)

The major beneficiaries of GATS are big financial, accounting, legal, architectural and engineering services firms that have their global headquarters in the U.S. If the US closes its doors to protect part of its markets, they will have the doors shut on them around the world.

The end result would that many of these firms would relocate abroad, with a further loss of US jobs. This is probably not the consequence any of us desire.

I agree that there needs to be a reengineering of overall trade, economic and industrial policy in the US, but I don't think that simply abrogating the WTO GATT and GATS is necessarily the place to start.

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alp227 Apr 2012 OP
LiberalEsto Apr 2012 #1
Javaman Apr 2012 #2
TheFarseer Apr 2012 #38
Javaman Apr 2012 #39
leveymg Apr 2012 #3
leveymg Apr 2012 #4
dipsydoodle Apr 2012 #8
alp227 Apr 2012 #14
leveymg Apr 2012 #18
Daniel537 Apr 2012 #5
msongs Apr 2012 #9
pampango Apr 2012 #12
Daniel537 Apr 2012 #21
pampango Apr 2012 #24
OrwellwasRight Apr 2012 #26
pampango Apr 2012 #27
OrwellwasRight Apr 2012 #40
pampango Apr 2012 #45
saras Apr 2012 #10
JDPriestly Apr 2012 #11
leveymg Apr 2012 #19
JDPriestly Apr 2012 #33
LineLineLineLineLineLineReply The US created GATS, and it's still US-based corps that benefit from it.
leveymg Apr 2012 #35
JDPriestly Apr 2012 #36
leveymg Apr 2012 #37
happerbolic Apr 2012 #16
Daniel537 Apr 2012 #20
leveymg Apr 2012 #22
Daniel537 Apr 2012 #23
leveymg Apr 2012 #25
Angleae Apr 2012 #34
OrwellwasRight Apr 2012 #41
Skittles Apr 2012 #6
Phlem Apr 2012 #7
Odin2005 Apr 2012 #13
magic59 Apr 2012 #15
LynneSin Apr 2012 #17
OhioChick Apr 2012 #28
closeupready Apr 2012 #29
cosmicone Apr 2012 #31
ChromeFoundry Apr 2012 #30
cosmicone Apr 2012 #32
OrwellwasRight Apr 2012 #42
cosmicone Apr 2012 #43
OrwellwasRight Apr 2012 #44
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