Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Winners and Losers in the USA (5 points) Who benefit in the USA when the USA imports goods from China? Clearly explain and give at

  1. Winners and Losers in the USA (5 points)
    1. Who benefit in the USA when the USA imports goods from China? Clearly explain and give at least one example (3 points)

  1. Wholoses in the USA when the USA imports goods from China? Clearly explain andgive at least one example (2 points)

  1. Some suggest the USA should limit its trade with China in order to stop the loss of US jobs to China? Is this argument valid? Why and why not? Clearly explain ( 5 points)

  1. One of the reasons for the growing trade deficit between the USA and China is American firms manufacturing their goods in China ( in fact, when the USA purchases a product made in China by an American company in China, that's consider imports). Can you explain why some American companies move their manufacturing to China? Give specific examples. (5 points)

  1. Come up with your own trade policy ideas that we put an end to the trade tension between the USA and China ( 5 points)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Smith and Roberson Business Law

Authors: Richard A. Mann, Barry S. Roberts

15th Edition

1285141903, 1285141903, 9781285141909, 978-0538473637

Students also viewed these Economics questions

Question

What research background do you have?

Answered: 1 week ago