ROO O a Courses.aplia.com 2017 Fall - ECON 265001: Econ 265-001 Syllabus Chegg S

Question

ROO O a Courses.aplia.com 2017 Fall - ECON 265001: Econ 265-001 Syllabus Chegg Study | Guided Solutions and Study Help I.. + Aplia: Student Question Thomson Economics International Trade and Finance Graded Assignment | Read Chapter 15 | Back to Assignment Due Thursday 11.16.17 at 04:00 PM Attempts: Average: /1 2. The arguments for restricting trade Suppose there is a policy debate over whether the United States should impose trade restrictions on imported tires: A senator from a state with several tire factories explains that it is necessary to impose trade restrictions, such as a tariff, on the tire industry to protect workers in the domestic tire industry. The senator claims that without trade protection, there will be layoffs, causing many U.S. workers in the tire industry to be unemployed. Which of the following justifications is the senator using to argue for the trade restriction on tires? O Employment argument O National-security argument O Cheap foreign labor argument O Infant-industry argument Grade It Now Save & Continue Continue without saving Copyright Notices · Terms of Use · Privacy Notice · Security Notice · Accessibility Session Timeout 58:21

Explanation / Answer

Answer.) Employment Argument

According to this argument , buying more tires from domestic producers will create or save more jobs in tires industry. Thus, tariff should be applied to the imports from the overseas tires and discourage them to sell it in U.S. market.

Related Questions

Navigate

• Browse (All)
• Browse R
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.