Using to argue for the trade restriction on tires

Assignment Help Business Economics

Reference no: EM131006057

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

A political pundit argues that the government should impose a tariff on tires 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 tires. In case of a war, the United States might not be able to make or purchase enough tires and, therefore, would not be able to make enough weapons to defend itself.

Which of the following justifications is the pundit using to argue for the trade restriction on tires?

National-security argument

Jobs argument

Infant-industry argument

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

Unfair-competition argument

Reference no: EM131006057

Questions Cloud

Calculate the income elasticity of demand for this good : The general linear demand for good X is estimated to be Q = 125,000 – 400P – 0.76M + 360PR Where P is the price of good X, M is the average income of consumers who buy good X and PR is the price of related good R. If P is instead set at $200, calcula..

Calculate the pw of investment : The mine must then be stabilized on an ongoing basis, which will cost $ 5 million per year in perpetuity. Calculate the PW of this investment, if the yearly interest rate is 5%.

Sketch the domain as a region in the xy plane : What is the domain of this function? Sketch the domain as a region in the xy plane. Write parametric equations for the intersection of this function with the function g(x, y) = x + y.

Write about the negative aspects of social computing : Prepare a Power Point, Discussion Points to lead/engage the audiance, and a 2 page paper, summarizing the points All about The negative aspects of Social Computing

Using to argue for the trade restriction on tires : Suppose there is a policy debate regarding the United States’ imposing trade restrictions on imported tires: A political pundit argues that the government should impose a tariff on tires because they are a necessary input into the production of vario..

Utility rises as more of an item is consumed : Suppose that you observe that the total utility rises as more of an item is consumed. What can you say for certain about marginal utility? Can you say for sure that it is rising or falling or that it is positive or negative?

Continue producing because variable cost are covered : When price p is above a price taking firm’s SAC, the price taking firm profits may be negative but it will choose to continue producing as long as variable cost are covered. When price p is above a price taking firm’s SAVC, but below its SAC, the pri..

Implementing software development project management : Assignment: Implementing Software Development Project Management Best Practices. Describe how the development-process framework provides opportunities for streamlining software development, increasing quality, and minimizing risk. Explain the dist..

Shopper is not expecting to develop personal identity : “The shopper is not expecting to develop a personal identity by choice of commodities; that would be too difficult. Shopping is agonistic, a struggle to define not what one is, but what one is not.” What does Douglas mean by this statement?

User Account

All Pages