Suppose there is a policy debate regarding Canada's imposing trade restrictions on imported semiconductors: The prime minister of Canada argues that Canada should threaten to impose a tariff on Chinese semiconductors in order to induce the Chinese to remove its tariff on Canadian cars. Which of the following justifications is the prime minister using to argue for the trade restriction on semiconductors? Unfair-competition argument Infant-industry argument Jobs argument National-security argument Using-protection-as-a-bargaining-chip argument
Suppose there is a policy debate regarding Canada's imposing trade restrictions on imported semiconductors: The prime minister of Canada argues that Canada should threaten to impose a tariff on Chinese semiconductors in order to induce the Chinese to remove its tariff on Canadian cars. Which of the following justifications is the prime minister using to argue for the trade restriction on semiconductors? Unfair-competition argument Infant-industry argument Jobs argument National-security argument Using-protection-as-a-bargaining-chip argument
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter33: International Trade
Section: Chapter Questions
Problem 10QP
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Suppose there is a policy debate regarding Canada's imposing trade restrictions on imported semiconductors:
The prime minister of Canada argues that Canada should threaten to impose a tariff on Chinese semiconductors in order to induce the Chinese to remove its tariff on Canadian cars.
Which of the following justifications is the prime minister using to argue for the trade restriction on semiconductors?
Unfair-competition argument
Infant-industry argument
Jobs argument
National-security argument
Using-protection-as-a-bargaining-chip argument
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