Critical Thinking: Costs and Benefits of Import Quotas, In 1980, automobile manufacturers in…

Critical Thinking: Costs and Benefits of Import Quotas (100 Points)

In 1980, automobile manufacturers in the United States asserted that import quotas be instituted on foreign-produced vehicles marketed in the United States. In a critical essay, elaborate on the costs and benefits of this policy and approach. Is the policy in effect? How have non-US manufacturers responded? Summarize the effects and discuss the trends of the past 35 years. Support your findings with additional academic references.

Directions: Your essay should be at minimum five-pages in length, which does not include the title page, abstract, or required reference page, which are never a part of the content minimum requirements. Support your submission with course material concepts, principles, and theories from the textbook andat least three scholarly, peer-reviewed journal articles.Use the Saudi Digital Library to find your resources. Use Saudi Electronic University academic writing standards and APA style guidelines. It is strongly encouraged that you submit all assignments into the Turnitin Originality Check prior to submitting it to your instructor for grading. If you are unsure how to submit an assignment into the Originality Check tool, review theTurnitin Originality Check – Student Guidefor step-by-step instructions. Review the grading rubric to see how you will be graded for this assignment.

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