A country can protect its domestic industries by levying tariffs against imported goods.The tariff makes the imported goods more expensive.It has been suggested that the U.S.establish a tariff against imported labor as well.A company that offshores jobs in pursuit of lower labor costs would have to pay a tariff or tax that would make that labor more expensive,which may discourage further offshoring.Do you think this tax or tariff would be a good idea? Why or why not? Do you think it would serve its intended purpose of slowing down offshoring?

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The Answer of A country can protect its domestic industries by levying tariffs against imported goods.The tariff makes the imported goods more expensive.It has been suggested that the U.S.establish a tariff against imported labor as well.A company that offshores jobs in pursuit of lower labor costs would have to pay a tariff or tax that would make that labor more expensive,which may discourage further offshoring.Do you think this tax or tariff would be a good idea? Why or why not? Do you think it would serve its intended purpose of slowing down offshoring?

A Country Can Protect Its Domestic Industries by Levying Tariffs