Suppose there is a policy debate regarding the United States' imposing trade restrictions on imported semiconductors:A senator from a state with several semiconductor factories 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 semiconductors and, therefore, would not be able to make enough weapons to defend itself. Which of the following justifications is the senator using to argue for the trade restriction on semiconductors?1. Infant-industry argument2. Using-protection-as-a-bargaining-chip argument3. Jobs argument4. Unfair-competition argument5. National-security argument

Question

Business

Cayden

25 December, 14:06

Suppose there is a policy debate regarding the United States' imposing trade restrictions on imported semiconductors:A senator from a state with several semiconductor factories 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 semiconductors and, therefore, would not be able to make enough weapons to defend itself. Which of the following justifications is the senator using to argue for the trade restriction on semiconductors?1. Infant-industry argument2. Using-protection-as-a-bargaining-chip argument3. Jobs argument4. Unfair-competition argument5. National-security argument

+3

Answers (1)

Know the Answer?

Raymond Cruz · Answer 1

5. National-security argument

Explanation:

Senator is using the argument of National security for trade rstriction on semi conductors as dependence on foreign countries will make United states dependent on them and this will create problem at the time war.

Thus, option 5 is the correct answer.