Describing how its industry will save billions

Reference no: EM133261258

Question 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.

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?

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?

Reference no: EM133261258

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