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Unformatted text preview: 5. What could explain why the American automotive industry has shifted from lobbying for direct protection to asking for subsidies? What is the worry about such subsidies? 6. Why do many think a quick conclusion to the Doha round is important? Why is an ounce of protection worth a pound of cure when it comes to protectionism? 7. Why are trade restrictions called beggar-thy-neighbor policies? Why do these policies often NOT benefit countries that adopt them? 8. What protection has President Obama recently imposed on China? Why might this move NOT save many, if any, American jobs? Who will likely be harmed? What else bad may come of this action?...
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- Fall '06