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a political news anchor explains that it is necessary to impose trade restrictions, such as a tariff, on the microprocessor industry to protect workers in the domestic microprocessor industry. the news anchor claims that without trade protection, there will be layoffs, causing many u.s. workers in the microprocessor industry to become unemployed. which of the following justifications is the news anchor using to support their argument in favor of the trade restriction on microprocessors?

Respuesta :

Parrain

The justification that the news anchor is using to support their argument for trade restriction on microprocessors is the C. protection of domestic industries argument.

Why are tariffs imposed?

There are several reasons why trade restrictions are imposed and one of them is to protect the local market from the effects of dumping and predatory pricing by foreign companies.

There is also the need for the government to raise revenue from the foreign goods being sold. The anchor in this scenario however, is using the justification of protecting domestic industries from competition so that they do not go out of business and affect employment and economic growth rates.

Options for this question include:

  • Protection of local markets from dumping.
  • Revenue resource for the government
  • protection of domestic industries  

Find out more on tariffs at https://brainly.com/question/29550410

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