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Business
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| Number of pages / Number of words: |
9 / 2373 |
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1).
The role of Ontario government in this case would be to provide help in overcoming those challenges for the industry. One of the ways to do it would be to maintain a favorable balance of trade, or “to influence the relative status of exports and imports to avoid running a trade deficit†(Karakowsky...
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316) by imposing tariffs on imports. Another solution can be for the government to influence employment in another industry, for which there is rising demand, for example influence on “contracting out services by manufacturing firmsâ€(Wesson. 62), which will result in increase in service employment...
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