With regard to the types of trade agreements that are being negotiated now, instead of just reducing tariffs they deal with a whole range of issues. There are dispute settlement mechanisms and consultation mechanisms, and these tend to work over time.
The example I used to give this committee when I appeared on the subject of free trade agreements was Mexico. Mexico will negotiate enough to get over the 85% WTO threshold to make it an acceptable agreement, and then they deal with other problems as they go along.
Every time you set up one of these agreements, you set up a ministerial or consultative committee that deals with problems once or twice a year. They do tend to work out.
It can happen even in a small country such as New Zealand, for example. Fonterra—it's an SOE, although they don't call it one, but it is—went into China and took up ownership of some dairies. They increased their exports of dairy products to China from $500 million to $2 billion, so there is the potential.
We're getting in early to China. We're going to be there much earlier than the United States, and probably significantly earlier than the European Union. We're a country of some 35 million people. We have a good economy and we can do things well. If we get into that market, it's such a massive market, and we can—