Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What should be the role of the U.S. government with regard to world trade? How much effort should be made to protect American workers from

What should be the role of the U.S. government with regard to world trade? How much effort should be made to protect American workers from foreign competition? When should such efforts take effect? Can you think of any product that we should always produce domestically instead of relying of foreigners for its production? Specify the good. Why do you believe that our supplies of this good should be "made in America"? If, on the other hand, youdon'tbelieve that there are some goods essential for our national existence that always should be made in America, is it acceptable to you to allow big corporations to accept government bail-outs and tax breaks and then fire US workers, close US plants, make US kids go hungry, and open up their factories and sweat shops in low-wage, low-rent countries with abusive child-labor laws and a lack of respect for human dignity?

Alternatively, should the benefits of Americanproduction techniques be denied to families in poor struggling countries, with little investment capital and workers with low skills?

Further, if we raise the living standards elsewhere in the world do you think that the reduced differences instandards will alleviate some of the "economic migration" that the United States has received over that past few years?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Ethics Of The New Economy Restructuring And Beyond

Authors: Leo Groarke

1st Edition

1554586933, 9781554586936

More Books

Students also viewed these Economics questions