Question

Participate in a discussion with your classmates regarding how international trade affects our lives. You have a big stake in the politics of free trade versus international trade protections. As a buyer, your self-interest is hurt by tariffs and quotas on imported goods. Although, as an employee, your self-interest might be hurt by offshoring, or by freer access to U.S. markets by foreign producers. Discuss and share the trade policies that best serve your self-interests, and those that best serve the social interest. Please include the concepts and arguments pertaining to free trade versus trade protections.