Business, 06.12.2019 01:31, shannongray23402

The arguments for restricting trade suppose there is a policy debate regarding the united states imposing trade restrictions on imported ball bearings: a congresswoman 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 congresswoman claims that without trade protection, there will be layoffs, causing many u. s. workers in the ball-bearing industry to be unemployed. which of the following justifications is the congresswoman using to argue for the trade restriction on ball bearings?
low foreign wages argument
saving domestic jobs argument
infant industry argument
national defense argument
foreign export subsidies argument

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The arguments for restricting trade suppose there is a policy debate regarding the united states imp...