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In: Economics

Many corporations take advantage of lower wages and production cost (and taxes) in other countries to...

Many corporations take advantage of lower wages and production cost (and taxes) in other countries to produce less expensive products for the American market. The obvious solution is to bring those jobs and companies back to the United States. President Trump has touted such an approach. However, this transition would mean that the things we buy would be more expensive and affect the already tight budget of many Americans. So, here is another loaded question class...which way do we go? Cheaper products made overseas or more expensive products made stateside which bolsters the American job market?

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Rahul Sunny answered 2 years ago
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