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Question

Globalization is becoming very important in economicdiscussions. While some politicians favor protectionist policiesbecause they feel these policies protect domestic producers, othersclaim free trade increases economic activity and has advantages forthe country as a whole. Describe a recent foreign purchase. Do youthink it is better to source from overseas or should tariffs be inplace to protect American industries? Why or why not?

Solution

xxx purchase xx raw xxxxxxxx xxxx xxxxx for xxx manufacturing xxxxxxxxxxxxx xx xx is x recent xxxxxxx xxxxxxxx. xx is x bettersource xxxx xxxxxxxx xxx no xxxxxx should xx xxxxxx. xx increasesthe xxxxxxxx.

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