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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?

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    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 ...

    Solution Summary

    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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