Good or service deserves protection

Assignment Help Business Economics

Reference no: EM133985642

Question

Select a particular good or service that is made in the United States that believe deserves protection in the form of a tariff or quota. In your post please state:

The geographic location(s) in the U.S. that the good or service is made.

1. Why we should believe that good or service deserves protection.

2. Choose whether that good or service from foreign countries should be tariffed or receive a quota.

3. What to expect the consequences to be for the tariff or quota for buyers and sellers of that good or service.

Support the argument with economic principles including the concept of comparative advantage and concepts from this week's material. In the responses to your classmates' opinions, state clearly, and on what grounds, we agree or disagree with their selection and argument.

Reference no: EM133985642

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