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Suppose there is a policy debate regarding the United States' imposing trade restrictions on imported tires. Read the following scenario and answer the question that
Suppose there is a policy debate regarding the United States' imposing trade restrictions on imported tires. Read the following scenario and answer the question that follows. Domestic producers of tires send a lobbyist to the U.S. government to request that the government impose trade restrictions on imports of tires. The lobbyist claims that the U.S. tire industry is new and cannot currently compete with foreign firms. However, if trade FREE 7- restrictions were temporarily Imposed on tires, the domestic tire industry could mature and adjust and would eventually be able to limited compete in the world market. ted Which of the following justifications is the lobbyist using to argue for the trade restriction on tires? Infant-industry argument National-security argument O Unfair-competition argument Using-protection-as-a-bargaining-chip argument Jobs argument Grade It Now Save & Continue
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