Identify Any Fallacies in the Following Passage Either by Naming

question 16

Short Answer

Identify any fallacies in the following passage either by naming them or, where they seem not to conform to any of the patterns described in the text, by giving a brief explanation of why the fallacious reasoning is irrelevant to the point at issue.
This business of American car manufacturers having joint ventures with foreign car makers really stinks. Think of the consequences of not being able to buy American-made cars. No jobs for American car workers, no big cars, no ready supply of parts, no consumption of American steel. I think we should prohibit joint ventures.

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Definitions:

Investment Revenue

Income earned from various forms of investments like stocks, bonds, mutual funds, or rental properties.

Unearned Revenues

Money received by a business for services or products that have not yet been provided or delivered to the customer.

Sales Revenue

The revenue a company earns from selling products or delivering services.

Interest Expense

The sum an entity is liable for as a result of borrowing funds over a particular period.