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For each scenario, identify which argument is being used to justify trade protectionism. a. Politicians in a small nation want to impose tariffs on foreign food because they believe the nation is too dependent on foreign producers. national security b. Lobbyists argue that by prohibiting the importation of manufactured goods, the domestic manufacturing industry will create thousands more jobs. job creation c. Brazil imposes high tariffs for computer imports so small, domestic manufacturers can develop the technology needed to compete with foreign competitors. infant industry d. Lobbyists argue that raising import tariffs on foreign oil will lead to more domestic jobs in the domestic energy industry. job creation

Answer :

Tundexigo

These are the scenarios that we must use to classify the claims:

  • Job Creation Argument
  • National Security Argument
  • Infant Industry Argument

What is a trade protectionism?

This involves the restriction policy on imports goods such as tariffs, import quotas, government regulation etc.

Job Creation Argument

  • Lobbyists argue that by prohibiting the importation of manufactured goods, the domestic manufacturing industry will create thousands more jobs.
  • Lobbyists argue that raising import tariffs on foreign oil will lead to more domestic jobs in the domestic energy industry

National Security Argument

  • Politicians in a small nation want to impose tariffs on foreign food because they believe the nation is too dependent on foreign producers

Infant Industry Argument

  • Brazil imposes high tariffs for computer imports so small, domestic manufacturers can develop the technology needed to compete with foreign competitors

Read more about trade protectionism

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