It is just cheaper to manufacture base materials and consumer goods in other nations than the "developed world''.

If you look at the development in Japan, Taiwan, South Korea you can see how their domestic markets have developed. Their living standards have increased greatly but their initial capitalization to do this came at the expense of the importing nations -- what did the get out of the deal -- was it equitable overall?

We, the developed nations, built ( or funded ) the factories or machinery for the development over there but did we actually create wealth or just short term profits?

There is globalism and there is protectionism what is right depends on your vested position and/or ambitions.

Japan now makes word class products and their wage levels have forced their production to nearby Asian low wage countries. The Japanese restrict imports to their domestic markets as best that can manipulate within the WTO agreements.

There really is not a solution we all can agree on. With all the ''buy American'' advertising in this country "Buy Cheaper'' still prevails in the USA so here we are to stay ...