INTERNATIONAL STUDIES IN BUSINESS - Assignment Example

International Studies in Business Response to my mates 1st Answer I concur with my mate’s view that by makingefforts to restrict imports, the U.S helped and hurt the auto industry at the same time. The help can be justified by the fact that demand for cars will rise and companies in the US will be forced to hire more people to merge the rising gap in productions. This will consequently reduce the level of unemployment. However, I do not know how the point on government bailout is related to the question.

He or she is out of context with this point. The idea on printing money is also out of context in tackling the task. My classmate does not show clearly whether the point on U.S restricting trade explains hurting or helping the auto industry. Although from the example given, one can conclude that he or she was talking about hurting the auto industry because the example shows that restricting imports would reduce innovativeness of auto industry. Response to my classmates 2nd answer My classmates second answer is partly correct and partly out of context in addressing the question.

He or she is correct by saying that autoworkers will be helped by the US’s efforts to restrict imports. The fact that foreign auto companies have branches in the US means that employment is made available to the US citizens. I do not agree with the idea that foreign companies such as Honda and Toyota hire only Japanese workers. The point on sales in Honda and Toyota cars going down and influencing the industry is out of context because it does not relate to government restricting imports. The point on government influencing auto industry is also not clear by not mentioning whether the policies created regard imports and exports according to the question.

The point on manufacturers being forced to build safer and fuel efficient cars is also out of context. I think my classmate misinterpreted the question. Work CitedSullivan, David. International Business: Environment and Operation. New York: Prentice Hall, 2005. Print.