A congress woman from a state with several ball-bearing factories explains that it is necessary to impose trade restrictions, such as a tariff, on the ball-bearing industry to protect workers in the domestic ball-bearing industry. The congress woman claims that without trade protection, there will be layoffs, causing many U. S. workers in the ball-bearing industry to become unemployed. Which of the following Justifications is the president using to argue for the trade restriction on ball bearings? a. Unfair-competition argument b. Infant-industry argument c. Jobs argument d. National-security argument e. Using-protection-as-a-bargaining-chip argument
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Home » Business » A congress woman from a state with several ball-bearing factories explains that it is necessary to impose trade restrictions, such as a tariff, on the ball-bearing industry to protect workers in the domestic ball-bearing industry.