I have one discussion for Macroeconomics

DISCUSSION

Do trade restrictions protect American jobs? If so, what are the costs?

In the long-run exports pays for imports and any restriction on imports restricts exports. Although this is widely an accepted principle in economics, it is not widely accepted by those who lose their jobs. There are continuous calls from workers, unions, and business leaders to restrict imports to protect American jobs. The last discussion of the course will debate the need and effectiveness of using trade restrictions to have American jobs.

In your initial post you are to use economic concepts and principles in supporting your position. After addressing the economics of the debate that includes benefits and costs, you may add any social issues related to the debate you feel are relevant.

To cover both sides of the issue, the class is being divided by the first letter in your last name.

N – Z: Your initial post will argue that free trade does not protect jobs.