Answered

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Because a country does not want to risk being vulnerable to being dependent on imports for something as important as energy, it bans the importation of oil and coal. As a result, energy is so expensive that homes are cold during the winter and hot during the summer. The rationale for this policy would be most closely related to what argument for trade restriction?

A. The need to protect domestic jobs
B. Protecting infant industries
C. Need for national defense
D. Protection against dumping

Sagot :

GinnyAnsweridn

Final answer:

The rationale for trade restriction related to protecting infant industries due to national security concerns caused by dependence on imports. However, unilateral tariffs can escalate into trade conflicts.


Explanation:

Protecting infant industries is the argument for trade restriction that is most closely related to the scenario described. By banning oil and coal imports to protect domestic energy production, the country aims to nurture local energy industries to develop into strong competitors. This policy is in line with the concept of infant industry protectionism, which advocates shielding emerging industries from foreign competition to help them grow.

This restriction is driven by the fear of national security vulnerabilities caused by dependence on imports, especially during wartime. However, while protective measures may seem logical, unilateral tariffs such as import bans can lead to retaliation and trade conflicts, emphasizing the complexities of trade policies.


Learn more about Trade Restriction here:

https://brainly.com/question/37944715


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