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-U.S. manufacturers responded?

Summarize the effects and discuss the trends since 1980. Support your findings with additional academic references.Requirements: * Essay of 5-6 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 with course material concepts, principles and theories from the textbook and at least three scholarly, peer-reviewed journal articles. Use the Saudi Electronic University Digital Library to find the resources.

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