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imported goods

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Suppose that an industry in your nation was "hard hit" by imported goods, causing sales to drop and many people to loose their jobs. Should the government take any action? If actions should be taken, what should be done?

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https://brainmass.com/economics/microeconomics/imported-goods-100189

Solution Preview

Yes, the government would indeed protect the rights and livelihoods of its citizens who supply the goods manufactured indigenously, even if they are slightly more expensive to produce or ...

Solution Summary

Effects of imported goods are presented briefly.

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