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05.05 Should Free Trade Be a Goal?—Honors
Transcript of 05.05 Should Free Trade Be a Goal?—Honors
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Why are some people against outsourcing? Why do others support it?
Some american people are against outsourcing because it takes jobs away from them and it creates high unemployment rate. American outsourcing to foreign countries make it hard for americans to find a job to support their families. And this is not fair because i think the developing country’s government should do something to create jobs for it people and it should stop depending on developed countries like the united states to help it. However some people like the americans who want to move their campaniles to another country support outsourcing because that means they can pay the workers very low wages to do the work.
What barriers to trade would prevent an American company outsourcing to one of those countries?
I think higher tariffs would be a barrier to prevent an american company outsourcing because they might not pay and it would be a punishment for them wanting to leave. Also, I think certain types of regulations would be a barrier too because it might be hard to follow when a company wants to leave.
Do you think outsourcing would promote or hinder a healthy American economy? Explain.
I think outsourcing would be bad for a healthy american economy. My reasons are that many Americans would lose their jobs and it is not fair that Americans lose their jobs while other countries have jobs. For instance if the country is still developing then its government should create jobs for its people so it can become developed as well and it should stop depending on a developed country to help it. Also, many Americans would have to depend on government welfare's if they lose their jobs because say that mechanic is the one and only job they knew how to do but since it transferred to another country they don’t have a job to support their families anymore.
What industries or companies may have an interest in outsourcing to your countries of research?
Computer sciences and engineering corporations would have an interest in outsourcing to our country of research such as to china because then they can pay cheaper to the workers and that means more money for them since that is all they care about.