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Trade and Import Effects

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One of your relatives suggests to you that our country should stop trading with other countries because imports take away jobs and lower our national well-being. How would you try to convince him/her that this is probably not the right way to look at international trade and its effects on the country?

© BrainMass Inc. brainmass.com October 16, 2018, 10:10 am ad1c9bdddf - https://brainmass.com/economics/international-trade/trade-import-effects-456345

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If companies did not import, the cost of goods and services that are currently imported would be much higher, which is why we are ...

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One of your relatives suggests to you that our country should stop trading with other countries because imports take away jobs and lower our national well-being. How would you try to convince him/her that this is probably not the right way to look at international trade and its effects on the country?

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