Requirement Read articles, “Welcome home; Offshoring” from The Economist, January 19, 2013, “Making it in America” from The Economist, February 9, 2019, “Friends and foes” and “Backfire” from The Economist, June 9, 2018.
Assignment Questions (Total: 15 points) 1. According to the article “Welcome home; Offshoring,” what is restoring, and when did reshoring begin? What are the underlying causes of reshoring mentioned in the article? (5 points) 2. According to the article “Making it in America,” why some sector like electronics did less reshoring than other industries like automobile and metals? What has led manufacturing firms like Trumpf and Carey Manufacturing to revive? What would be the comparative advantage for the U.S. firms in the future suggested by the article? (5 points) 3. According to the articles “Friends and foes” and “Backfire,” how have the increased tariffs on imported steel and aluminum affected manufacturing firms in the U.S.? When America’s trading partners imposed tariff retaliation, how would the tariff retaliation further affect the U.S. firms and consumers? (5 points).
*** Please DO NOT copy the above questions in your report because it will result in a similarity problem. Just write down the question # and your answers to the questions in the order in your report.
*** Please DO NOT merely copy the words or sentences in the articles or line up unrelated answers to the assigned questions.
*** Please NO other print or online sources are allowed.
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