Policy of protectionism have on organizations and products

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One of the big issues in this year's Presidential election is the idea of 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.) For your consideration:

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

Reference no: EM131176212

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