Identify some products initially produced in the us

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1. Although economists generally discredit mercantilism, can you find any examples in the popular press where politicians or business leaders use similar arguments to protect an industry?

2. Identify some products initially produced in the US, Germany, or Japan that followed the product life cycle theory. Where are they produced now?

3. Present arguments that saving jobs in one industry is a cost that should be shared by everyone in a society.

Reference no: EM131327701

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