Solution-Low-income american families

Low-income american families

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Reference no: EM13903909

Suppose that Chinese manufacturers develop the ability to build a good car that costs only $5,000. They start shipping it to the U.S. For each of the following groups, say whether they are likely to win, lose or not be affected much by the Chinese imported cars.

a. Low-income American families

b. High-income American families

c. U.S. autoworkers

d. U.S. auto companies

Reference no: EM13903909

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Low-income american families

Reference no: EM13903909

Reference no: EM13903909

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