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Consider the following statement from 'The Conversation'1 regarding trade: The Federal Government's new Buy Australian campaign comes amid growing concern that further layoffs will follow
Consider the following statement from 'The Conversation'1 regarding trade:
"The Federal Government's new Buy Australian campaign comes amid growing concern that further layoffs will follow the loss of 1000 BlueScope jobs...".
a. [10 marks] Use your knowledge from this course to explain why buying foreign goods would lead to workers losing their jobs.
b. [10 marks] Would you encourage the government to continue funding the 'Buy Australia campaign'? Explain your reasoning.
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