General Discussion
In reply to the discussion: America is about to make a horrible mistake all over again [View all]Hoyt
(54,770 posts)I can assure you that skilled and unskilled workers in rural South Carolina, Alabama, etc. benefit when BMW, Toyota, Siemens, etc., build a plant there.
A worker in Mexico benefits as well when he can leave his dirt farm making almost nothing and go to work for an auto company at $8/hour. Even a Vietnamese peasant who gets a job earning the minimum wage benefits from foreign investment, as does the country.
Apparently advanced and poor countries want international investment in their countries, because they sign these agreements in the hopes of attracting more.
Sadly, I have found that many of us here really are Nationalists. Screw the rest of the world, even though America has sucked up more than our fair share of the world's wealth and resources.