What effects-impacts would american policy of protectionism

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Reference no: EM132102364

Global Issues

One of the big issues in the 2016 Presidential election concerned keeping jobs here in America rather than companies using cheaper labor overseas. Many countries employ protectionism (imposing taxes and regulations on firms or products made outside the country to favor their own companies and people), and this position can impact strategic plans of organizations and other parties. (Ex: California Wine Growers might support a tariff on imported French wines.)

What effects/impacts would an American policy of protectionism have on organizations, products, and customers? Who are the winners and losers? Explain.

Reference no: EM132102364

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