Who Gains from Imports? How Do They Gain? Who Loses

question 21

Essay

Who gains from imports? How do they gain? Who loses? How do they lose? Does the overall economy gain or lose from imports?

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Definitions:

Prestige

Social esteem, regard, or respect accorded by members of a society to individuals, jobs, or items based on perceived quality or merit.

Motivations

The reasons or forces that drive individuals to take certain actions or behave in specific ways.

Structural Functionalism

A sociological perspective that interprets society as a structure with interrelated parts designed to meet the biological and social needs of individuals that make up that society.

Talcott Parsons

An American sociologist known for his contributions to the field of sociology, including the development of the action theory and the system theory.