Question
Listen to the podcast. https://www.npr.org/2020/08/05/899393029/summer-school-5-trade-santa?utm_source=EX&utm_medium=Podcast&utm_campaign=MRUEmail&utm_content=summer-school-5-trade-santa&__s=wlj9rggpkgikcvw948tv 1. Summarize what you learned regarding the debate on Santa Suits being classified as festive articles vs. clothes. 2. Google
Listen to the podcast.
https://www.npr.org/2020/08/05/899393029/summer-school-5-trade-santa?utm_source=EX&utm_medium=Podcast&utm_campaign=MRUEmail&utm_content=summer-school-5-trade-santa&__s=wlj9rggpkgikcvw948tv
1. Summarize what you learned regarding the debate on Santa Suits being classified as festive articles vs. clothes.
2. Google the term "tariff engineering examples" and narrow your search to no more than the past three years. Find a specific product example of how companies alter their products to avoid/reduce tariffs. Summarize what you learned about this product and how it has been "tariff engineered." Include a link to what you found.
3. What does what you learned from the Santa Suit podcast, the chapter, and your Google exercise indicate regarding the efficiency of tariffs? Why don't consumers tend to get upset about tariffs even though tariffs cost American consumers billions of dollars per year?
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