Problem
"We are not opposed to competition when it does not destroy jobs. But last year, while many American auto workers were idle, we exported a million jobs to foreigners by importing automobiles that could have been produced by domestic workers. An increase in the tariff on automobiles would strengthen our economy, provide jobs, and improve our standard of living." [Auto Workers' Union official]
a. Would a higher tariff on automobiles create jobs in the automobile industry?
b. Would a higher auto tariff destroy jobs in other industries-particularly export industries? Explain.
c. Does unemployment indicate a lack of jobs? Why or why not?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.