Imposing trade restrictions on imported steel rods

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Reference no: EM13774295

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

The president of the United States 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.

Which of the following justifications is the president using to argue for the trade restriction on steel rods?

a) Jobs argument

b) Unfair-competition argument

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

d) Infant-industry argument

e) National-security argument

Reference no: EM13774295

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