Business, 22.02.2021 19:00, FireStorm4346

The United States is highly protective of its agricultural food industry, imposing import tariffs and sometimes quotas on imports of agricultural goods. For each argument, discuss whether it is a valid justification for trade protection of U. S. agricultural products. a. The United States would be vulnerable if all of its food came from overseas, so trade protection necessary for it to maintain national security.
b. Since the agricultural sector employs a large percentage or the labor force, protection is necessary to prevent job loss.
c. The United States has traditionally been a manufacturing economy and recently moved more resources into the agricultural sector. Because the agricultural sector is relatively new, it require protection as an infant industry.

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The United States is highly protective of its agricultural food industry, imposing import tariffs an...