Donald Trump says hell bring home jobs lost to China and Mexico. It is possible but costly.

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Donald Trump says he’ll bring home jobs lost to China and Mexico. It is possible but costly.

American consumers would face higher prices and those on low incomes would suffer most because they spend a high share of their income on clothes, shoes, and toys—things that are made at low cost and imported.

a. What are the arguments for bringing jobs back to America? Explain why these arguments are faulty.

b. Is there any merit in bringing jobs back?

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Microeconomics

ISBN: 9780134744476

13th Edition

Authors: Michael Parkin

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Question Posted: Feb 06, 2024 02:00 PM

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Donald Trump says hell bring home jobs lost to China and Mexico. It is possible but costly.

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a Arguments for bringing jobs back to America 1 Increase in employment One of the main arguments for bringing jobs back to America is to increase empl...View the full answer

Microeconomics

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