You are watching an election debate on television. A candidate says, “We need to reduce the flow of foreign automobiles into our country. If we limit the importation of autos, our domestic auto production will rise and the United States will be better off.” Discuss whether the United States (consumers) will be better or worse off if our government take such measures. Keep the following factors in mind:
a) current unemployment rates – does this policy help?
b) foreign cars, like Toyota, usually establish manufacturing plants in the US
Be rational while discussing or defending your arguments. You are encouraged to use references from other sources. Remember to cite your work. American economy and the production of jobs. The government view is that by protecting these domestic industries, we can… View the full answer
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