roduction is made entirely in thecountry, as a result of the covid19 pandemic(12%). a. Which kind of measures could the US use to achieve that? b. What should happen with social welfare in the US and the rest of the world? c. Would that be different if China were to decide to do the same? d. Do you agree with this plan? Explain your reasoning
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[Verified Answer]: roduction is made entirely in thecountry,…