The arguments for restricting trade

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

Domestic producers of steel rods send a lobbyist to the U. S. government to request the government impose trade restrictions on imports of steel rods. The lobbyist claims that producers in other countries receive subsidies to export steel rods and that domestic suppliers can't compete in the international marketplace.

Which of the following justifications is the lobbyist using to argue for the trade restrictions on steel rods?

a. Unfair competition argument

b. National security argument

c. Infant-industry argument

d. Using protection as a bargaining chip argument

e. Jobs argument

(A) Unfair competition argument

Explanation:

  The unfair competition argument is one of the type of common argument that helps in applying while taking various types of unfair decisions in an organization.

It is one of the intellectual branch that basically substitute the competitor's products and the items in the market by using the deceiving techniques or methods.

According to the given question, Lobbyist is basically using the various types of Unfair competition arguments for the purpose of argue for the trading restriction on the steel rods as the foreign producers are using their unfair benefits over the domestic manufactures.      

Therefore, Option (A) is correct answer.

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