"you or me with a 40 or 45 cost of a current owner vs 24 hour turn time, typed reports for 5 or ten dollars in India. The truth is we can not compete with this.", knowledge is power, India has broken WTO (World Trade Organization) rules in this service sector and they are not being punished for that, US corporations that are accomplice in such unfair trade practice are not punished neither. WTO governs trade between and among nations, both US and India are its members. Some additional information on WTO, this organization's key function is to ensure fair trade among its members. Thus, for instance, if member country A exports garments to another member country B at below market price, it is construed dumping, dumping is against fair trade, country B can appeal to WTO about such unfair trade practice, and WTO would investigate and when it verifies that the complaints are fact-based it would rule that country A be levied severe fine to compensate the damage and loss of country B and made to stop such practice. If I'm not mistaken it's the job of the US Trade Representative (USTR) to take actions to protect US industries and its workers' interest when unfair trade were imposed on them. Historically, trade office such as USTR focused on commodity trade such as garments but nowadays service accounts for considerable volume, it's hard to fathom that they would miss the humongous elegant in the otherwise peaceful "room"... thus, they were not doing their job. But you may take comfort that the monkey has just stepped down...
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