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Business, 27.03.2020 02:58 aleshachrishon42

6. The arguments for restricting trade 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. The president of the United States argues that the United States should threaten to impose a tariff on Chinese tires in order to induce the Chinese to remove its tariff on American cars. Which of the following justifications is the president using to argue for the trade restriction on tires? Infant-industry argument Unfair-competition argument Using-protection-as-a-bargaining-ch ip argument National-security argument Jobs argument

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