A congresswoman from a state with several steel-rod factories explains that it is necessary to impose trade restrictions, such as a tariff, on the steel-rod industry to protect workers in the domestic steel-rod industry. The congresswoman claims that without trade protection, there will be layoffs, causing many U. S. workers in the steel-rod industry to become unemployed. Which of the following justifications is the congresswoman using to argue for the trade restriction on steel rods?

a. National-security argument

b. Unfair-competition argument

c. Using-protection-as-a-bargaining-chip argument

d. Infant-industry argument

e. Jobs argument

Question

Business

Renee

4 October, 07:03

A congresswoman from a state with several steel-rod factories explains that it is necessary to impose trade restrictions, such as a tariff, on the steel-rod industry to protect workers in the domestic steel-rod industry. The congresswoman claims that without trade protection, there will be layoffs, causing many U. S. workers in the steel-rod industry to become unemployed. Which of the following justifications is the congresswoman using to argue for the trade restriction on steel rods?

a. National-security argument

b. Unfair-competition argument

c. Using-protection-as-a-bargaining-chip argument

d. Infant-industry argument

e. Jobs argument

+4

Answers (1)

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Oswaldo Peters · Answer 1

Option E

Explanation:

In simple words, jobs argument refers to the debate or discussion under which an individual, generally a political leader, tries to influence others to take some corrective actions for protection of employment in their own country.

Due to free trade and globalization many countries such as America are outsourcing their work abroad due to cheaper labor which is causing loss of jobs in their own country.