Hear Lot Talk Countries Trading Fairly Us Growing Trade Deficit Us Workers Losing Manufact Q34249987

We hear a lot of talk about other countries not trading fairlywith the US, our growing trade deficit, and of US workers losingtheir manufacturing jobs to factories overseas. If we wanted to,don’t you think we can manufacture our own clothes and shoes,microwaves and cookware, etc and produce everything in the US? Thatshould solve the parity issue, the trade deficit and US workerswill have work. Do you support such a move? Why or why not?

Expert Answer

Answer:

No, we do not supportsuch a move because of the following reasons as

• The cost of US in-house manufacturing is very high as comparedto
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