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Couldn't we better our current economic state by not importing from China and making our own goods?
This is an interest theory. The biggest obstacle is that the largest purchaser of retail goods in the US, Walmart, is the leading purchaser of goods from China.
It is interesting to note that, since Walmart started its buying campaign in the 1980's, entire companies that manufacture goods have moved their operations to China in defense of their business. Most if not all, televisions are manufactured in Asia as a result of this practice. PBS did a documentary about it a few years ago.
Many of the goods that we purchase are no longer made in the US at all. Such things as coffee makers, microwave ovens, and clothing are simply unavailable as a domestic product. While the US is the leader in inventing technology, exporting that technology to other countries for manufacture has long been a practice due to the high cost of manufacturing in the US.
What else can I help you with?
Why is productivity important to economic growth?
because the better the productivity the better the nations economic growth.
Is economic imbalance is better than nuclear imbalance?
is economic imbalance is better than nuclear imbalance
Why a country is better off running a current account surplus rather than a current account deficit?
A country running a current account surplus is typically better positioned economically, as it indicates that it exports more goods and services than it imports, leading to stronger domestic production and job creation. This surplus can enhance foreign exchange reserves, providing a buffer against economic shocks and greater investment opportunities. Conversely, a current account deficit may signal over-reliance on foreign capital, increasing vulnerability to external economic fluctuations and potentially leading to debt sustainability issues. Overall, a surplus can contribute to long-term economic stability and growth.
Is Islamic economic system better for Afghanistan?
There is no Islamic economic system any more than there is a Hindu economic system.
What is the better measurement of economic development?
GDP..
How is Selenas life now?
great couldnt be better
What is the price of a Playstation 3 in Saudi Arabia?
Its a lot your better of importing it from the west
Whats better Pokemon Diamond or pearl?
diamond. the legendary has a better special move, and you can get a tyrannitar on there without importing.
What are the social reforms to make the life of a woman better?
Even i am searching likee hell but couldnt find it any ideas people
Which is better for transmission alternating current and direct current?
Alternating current is better than direct current for transmission.
Why is productivity important to economic growth?
because the better the productivity the better the nations economic growth.
What is cheap for babysitting?
well it depends on how long u work. sorry i couldnt give u a better answer. i am just 13. but thx for counting on me
Is the focus of an earthquake the location inside the earths crust where the seismic event originally takes place?
yes couldnt say it better myself
Is economic imbalance is better than nuclear imbalance?
is economic imbalance is better than nuclear imbalance
Suggest ways in which the government can curb the importing of illegal goods?
pay workers on the border better salary so that they do not take bribery
What makes Japan better than anywhere else in the world for importing vehicles?
economical price and quality with services they offer after sales.
Why a country is better off running a current account surplus rather than a current account deficit?
A country running a current account surplus is typically better positioned economically, as it indicates that it exports more goods and services than it imports, leading to stronger domestic production and job creation. This surplus can enhance foreign exchange reserves, providing a buffer against economic shocks and greater investment opportunities. Conversely, a current account deficit may signal over-reliance on foreign capital, increasing vulnerability to external economic fluctuations and potentially leading to debt sustainability issues. Overall, a surplus can contribute to long-term economic stability and growth.
