Question: Another two years later, you work for the same company but have relocated to the division headquarters in the country of Waffland. You are speaking

  1. Another two years later, you work for the same company but have relocated to the division headquarters in the country of Waffland. You are speaking with a coworker about the Wafflish economy, and what can be done to improve it.
    1. Your coworker bemoans the trade deficit that Waffland has with Baconia, FrenchToastia, and other delicious countries: "We can't get ahead if we keep sending our money to these countries that are selling us their cheap goods!" How would you respond?
    2. Your coworker has a "Buy Wafflish!" bumper sticker, and asks you to sign a petition advocating the imposition of tariffs (i.e., import taxes) against these other countries. He even provides data from a trade association describing how its industry will save billions of Wafflish dollars if these policies are implemented. How would you respond?

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