09 Jul Economics question 2…
Question Description
1.Tariffs are in general believed to be necessary to protect jobs and wages of workers in the United States. However, there are also negative outcomes associated with it. Is this true? Explain using at least 100 words and using relevant economic concepts and theory.
Answer in 5 sentences and then
agree or disagree post below within 2-3 sentences
2. Tariffs are a necessary part of imports and exports in economies. They can be useful when it comes to maintaining jobs in the United States and also helping the economy. Tariffs can allow the government to even prices for imports compared to products manufactured in the United States. This creates more incentives for United States based companies to purchase locally or nationally made products, rather than importing goods.
Please number as it is given.
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