Description
Question Description: “Buy America, a non-tariff trade barrier”
This discussion will give you a better understanding on the impact of some trade regulations. For this assignment, you will focus on the “Buy American” rule but you are welcome to use any similar clause from other countries as a comparison.
1. You have watched several videos during the practical session on the “Buy American” rule (2009, 2017 and 2021), as well as a Q&A on “Buy American” policies (Links to an external site.). Think of at least one cost and one benefit of the “Buy American” policies1.
2. Let’s expand the conversation to a Buy American rule applied to all of us. Watch the video below and answer the following question. David Henderson says division of labor makes us better off, even when that means trading with foreigners. He says if buying American is good for America, then buying only in your state or city should be even better. How might someone on the other side of this issue respond?
3. Comment on at least one of your classmates’ posts. Try to find a post you disagree with.
I will provide the link of the video bellow
