Imports are bad-they destroy american industries and jobs

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While exports are good for the U.S. economy (e.g. raising demand for U.S. products and wages of American workers), imports are bad: they destroy American industries and American jobs and lower our standards of living. Comment.

1. clearly state your main points; and

2. support your main points with theory (i.e. logic/reasoning, the models we have discussed in class, etc.).

Examples with made-up numbers, like those we use in the Ricardian model, are theory, not data.)

Reference no: EM13755889

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