How should we decide what industries to protect?
In the 1970s, we protected the car industry from foreign
competition. We also heavily protect our farm industry. However, we
did NOT protect steel or microchips, and many other industries that
must compete globally. Please answer the following questions.
When the first Japanese cars arrived on the West Coast in the
1970s, no one saw them as a threat to U.S. jobs. Although they were
cheaper and more fuel-efficient than U.S.-made cars,...