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

Question

Business

Xavier Greene

17 April, 06:50

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

+1

Answers (1)

Know the Answer?

Hanna Mcclain · Answer 1

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

Job Creation Argument National Security Argument Infant Industry Argument

Explanation:

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 Argument.

The politicians from the small nation feel that their country's dependence on foreign food is a threat because foreign nations could cut the supply of food (in theory) at any time.

Lobbyists argue that by prohibiting the importation of manufactured goods, the domestic manufacturing industry will create thousands more jobs. - Job Creation Argument.

Lobbysts feel that a national, strong industry is the best way to create jobs. They do not consider the jobs created by export-oriented sectors to be as many.

Brazil imposes high tariffs for computer imports so small, domestic manufacturers can develop the technology needed to compete with foreign competitors. - Infant Industry Argument.

Brazil thinks that competition from abroad is a threat to local industry, and therefore, it should be curtailed in order to allow the local industry to grow.

Lobbyists argue that raising import tariffs on foreign oil will lead to more domestic jobs in the domestic energy industry. - Job Creation Argument.

Again, the lobbysts feel that a national energy industry can create far more jobs than the economic sectors related to the importation of oil industry.