week4 checkpoint part 2 - Rebuttal against Unrestricted 1...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Rebuttal against Unrestricted 1 Rebuttal against Unrestricted Trade Lisa McClure Axia College of University of Phoenix ECO 205 Nathan Janysek October 9, 2008
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Rebuttal against Unrestricted 2 I disagree with Patricia’s views on unrestricted trade because people would not benefit on the various goods that other countries have to offer. When America has strayed from the path of free trade, the result has been economic hardship (Johnson, 2008). Today manufacturing measured as a percentage of the U.S. economy is about the same today as it was in 1967. In her paper, she talked about the free trade depressing wages and making Americans less educated when in fact this is not true. The cost of saving jobs from foreign competition is higher consumer prices, which harm the economy. Johnson (2008) said, “America today is the most technologically advanced country in the world, recapturing the lead in many high-tech industries like semiconductors.” The data show that as the trade deficit increases,
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 05/10/2009 for the course ECONOMICS 205 taught by Professor Janysek during the Spring '09 term at University of Phoenix.

Page1 / 3

week4 checkpoint part 2 - Rebuttal against Unrestricted 1...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online