Suppose there is a policy debate regarding the United States’ imposing trade res

Question

Suppose there is a policy debate regarding the United States’ imposing trade restrictions on imported steel rods.

Read the following scenario and answer the question that follows.

A political pundit argues that the United States should threaten to impose a tariff on Chinese steel rods in order to induce the Chinese to remove its tariff on American cars

ch of the following justifications is the pundit using to argue for the trade restriction on steel rods?

National-security argument

Infant-industry argument

Jobs argument

Using-protection-as-a-bargaining-chip argument

Unfair-competition argument

Explanation / Answer

Answer.) Using-protection-as-a-bargaining-chip argument

Policy makers claim that a threat of trade restrictions can help remove trade restrictions already imposed by foreign government.

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