What is offshoring of white-collar service jobs and how does it relate to international trade?

The potentially valid arguments for tariff protection are also the most easily abused. Show more Question 1 The potentially valid arguments for tariff protection are also the most easily abused. What are those arguments? Why are they susceptible to abuse? Evaluate the use of artificial trade barriers such as tariffs and import quotas as a means of achieving and maintaining full employment. Question 2 What is offshoring of white-collar service jobs and how does it relate to international trade? Why has it recently increased? Why do you think more than half of all of the offshored jobs have gone to India? Question 3 Evaluate the following statements: Is the statement true or false? Why? Protective tariffs reduce both the imports and the exports of the nation that levies tariffs. The extensive application of protective tariffs destroys the ability of the international market system to allocate resources efficiently. Unemployment in some industries can often be reduced through tariff protection but by the same token inefficiency typically increases. Foreign firms that dump their products onto the American market are in effect providing bargains to the countrys citizens. Show less

QUICK QUOTE

Approximately 250 words