Social Studies, 24.03.2020 03:04 jakadendin
Suppose there is a policy debate over imposing trade restrictions on imported semiconductors in the United States. A political pundit argues that the government should impose a tariff on semiconductors, because they are a necessary input into the production of various weapons. Free trade would make the United States overly dependent on foreign countries for the supply of semiconductors. In case of a war, the United States might not be able to make or purchase enough of them and would therefore not be able to make enough weapons to defend itself. What argument is the pundit using to justify the trade restriction on semiconductors?
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Suppose there is a policy debate over imposing trade restrictions on imported semiconductors in the...
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