Does the protection of one domestic industry harm another

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Assignment

Read the articles:

1) The Boomerang effect.

2) Comparative Advantage and American Jobs.

You are expected to make your own contribution in a main topic as well as respond with value-added comments to at least two of your classmates. You are encouraged to respond to other students as well as to your instructor.

Choose one question to answer:

1) Does the protection of one domestic industry harm another? Please explain.

2) Why does comparative advantage matter more than absolute advantage for trade? Please explain.

Reference no: EM131494568

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