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Tariffs And Trade Restrictions To Save Jobs
Part 1 of Paper
....probably find at least one article a month about an industry complainig about "unfair" competition from foreign suppliers. If foreign brands were restricted in supply, the argument goes, this would leave more of the American market to American firms and, hence, American workers. Profits, employment, and wages would ris.... Part 2 of Paper
....merical limit on the annual quantity of particular imports. A more subtle form of protectionism is the minimum quality standard. In the generally rare cases in which the market cannot regulate product quality on its own, the government is justified in establishing such standards. However, this can be abused by requiring imports to meet higher and costlier standards than their domestic counterparts. Effectively, this places a tax on imports and gives an advantage to American producers. The North .... |
| Number of words: 1241 - Approximate pages: 5 |
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