Unions in developed nations often oppose imports from low-wage countries and advocate trade barriers to protect jobs from what they often characterize as "unfair" import competition. Is such competition "unfair?" Do you think that this argument is in the best interests of (a) the unions, (b) the people they represent, and/or (c) the country as a whole?

Question

Business

Guillermo

26 August, 16:57

Unions in developed nations often oppose imports from low-wage countries and advocate trade barriers to protect jobs from what they often characterize as "unfair" import competition. Is such competition "unfair?" Do you think that this argument is in the best interests of (a) the unions, (b) the people they represent, and/or (c) the country as a whole?

+3

Answers (1)

Know the Answer?

Tori Palmer · Answer 1

Answer:It is "Unfair"

It is in the best interest of the Unions.

It is in the best interest of the people they represent.

It is in the best interest of the county.

Explanation: Import is the transfer of goods or services from one country to another, it is Unfair because it will lead to job losses in the country receiving the imported goods.

When a country depends on imports from another country it makes that country vunerable to external threats, it makes the country a "dumping ground" (a place for the transfer of all sorts of products) and it causes the people of the receiving county to suffer job losses as the manufacturing aspect of the business circle is removed.

It is not in the best interest of a country for it to continue to import foreign goods because it is going to make the people to lack adequate jobs, poverty rate will increase and it will make the country and its people to be lazy.