Quote:
|
Originally Posted by Lanny_MacDonald
An emerging economy like India can't afford the majority of American products, plain and simple.  |
I guess you assume that will always be the case.
Edit: More info.
http://www.indianembassy.org/Trade/Trade05.htm
You're right about one thing. India is an emerging economy. They're growing very quickly and need U.S. goods and are importing them. Stuff like engineering equipment, planes and medical equipment.
Sure, the people of India aren't buying American toasters (does the U.S. even make toasters anymore?), but the middle class is developing in India and probably, some day very soon, will.