More aggressive targeting strategies focus on footloose industries and sunset industries.

Footloose industries are not location dependent (either resources or markets) and are usually export oriented.

Many other countries have established export processing zones to attract footloose industries, with mixed success.

You see, Pige, when you're footloose and collarfree, well, you take nothing but the best.

Still, it is the US that is currently leading the push for freer trade across the Pacific and a substantial reduction in barriers to trade with Europe. If America gets the rules right favoring ordinary citizens, rather than footloose corporations its trade initiatives will make a major contribution to global growth and its own prosperity.