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Microeconomics 15th Edition by James Gwartney,Richard Stroup,Russell Sobel,David Macpherson
Edition 15ISBN: 978-1285453569Microeconomics 15th Edition by James Gwartney,Richard Stroup,Russell Sobel,David Macpherson
Edition 15ISBN: 978-1285453569 Exercise 5
* "Getting more Americans to realize that it pays to make things in the United States is the heart of the competitiveness issue." (This is a quote from an American business magazine.)
a. Would Americans be better off if more of them paid higher prices in order to "buy American" rather than purchase from foreigners Would U.S. employment be higher Explain.
b. Would Californians be better off if they bought goods produced only in California Would the employment in California be higher Explain.
a. Would Americans be better off if more of them paid higher prices in order to "buy American" rather than purchase from foreigners Would U.S. employment be higher Explain.
b. Would Californians be better off if they bought goods produced only in California Would the employment in California be higher Explain.
Explanation
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a) Americans would not be better off, if...
Microeconomics 15th Edition by James Gwartney,Richard Stroup,Russell Sobel,David Macpherson
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