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Guitar Nation of Origin

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Fender Bender has a topic about the cost of U.S. guitars being sold in foreign nations (foreign to me anyway) and the impact the sinking US dollar value has on the final sale price. That got me thinking...

Are U.S. guitars considered to be the best?

If not, why would somebody in Europe pay to get a US guitar if there is a guitar made in their backyard that would most likely be sold cheaper?

I have to imagine that at least Europe (with so many great bands stemming from England alone) would put out some awesome guitars that would be of equal quality to an American

Just thinking out loud I guess? Please don't take this thread as ethno-centric because I ain't trying to be that guy (at least not right now :lol: )

"A working class hero is something to be..." -J. Lennon