Reference no: EM133408897
Question: What should be the role of the U.S. government with regard to world trade? How much effort should be made to protect American workers from foreign competition? When should such efforts take effect?
Case Study: Can you think of any product that we should always produce domestically instead of relying of foreigners for its production? Specify the good. Why do you believe that our supplies of this good should be "made in America"?
If, on the other hand, you don't believe that there are some goods essential for our national existence that always should be made in America, is it acceptable to you to allow big corporations to accept government bail-outs and tax breaks and then fire US workers, close US plants, make US kids go hungry, and open up their factories and sweat shops in low-wage, low-rent countries with abusive child-labor laws and a lack of respect for human dignity? Explain your reasoning.
Alternatively, should the benefits of American production techniques be denied to families in poor struggling countries, with little investment capital and workers with low skills?
Further, if we raise the living standards elsewhere in the world do you think that the reduced differences in standards will alleviate some of the "economic migration" that the United States has received over that past few years?
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