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Tariffs And Trade Restrictions To Save Jobs
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Pick up a newspaper, especially during a recession or other high unemployment times, and you will 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 ....
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.... 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 American Free Trade Agreement (NAFTA), the General.... |
| Word count: 1241 |
Page count: 5 |
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