Three Arguments Used to Promote Trade Barriers Are the National

question 34

Essay

Three arguments used to promote trade barriers are the national security argument,the infant-industry argument,and the dumping argument.Explain each of these arguments and evaluate whether each one has any flaws.

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Definitions:

Financing Statement

A document filed by a creditor to indicate a security interest in the assets of a debtor, typically used in secured transactions.

Trade Name

The commercial name under which a business operates and is known to the public, distinct from the business's legal name.

Collateral

An asset pledged by a borrower to secure a loan, which can be seized by the lender if the loan is defaulted on.

Security Interest

A legal claim or lien on collateral that has been pledged, usually to secure repayment of a loan.