We have all heard the phrase “Buy American”. Take an economists position on that
QUESTION
We have all heard the phrase “Buy American”. Take an economists position on that. Should people buy American? If so, why and under which circumstances? Or should they ignore the buy American slogan and buy the best product for them regardless where it is made? Which option maximizes economic benefit for the country? Finally, do Saint Leo’s core values apply to this question? How so?
ANSWER:
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