Consider the argument for restricitng trade. a.) Imagine that you are a lobbyist
ID: 1193660 • Letter: C
Question
Consider the argument for restricitng trade.
a.) Imagine that you are a lobbyist for timber, an established industry suffering from low-priced foreign competition, and you are trying to get Congress to pass trade restrictions. Which two or three of the five arguments do you think would be most persuasive to the average member of congress? Explain you reasoning and give references.
b.) Assume you are an asstute studnet of economics, Although all the arguments for restrictings trade have all their shortvcomings, name the two or three arguments that seem to make the most economic sense to you. For esch, describe the economic ratinale for and against these arguments for trade restricitons.
Please show references
Explanation / Answer
a) As being a lobbyist, i would lik to persuade congress to pass few trade barriers, whether tariff or non tarif. The following arguements would be made n order to persuade the members: