The debate also focuses on the job outsourcing in the semiconductor industry. The president of the United States explains that it is necessary to impose restrictions against job outsourcing to protect workers in the domestic semiconductor industry. The president claims that, without protection against job outsourcing, U.S. companies in the semiconductor industry have incentives to outsource their jobs to developing countries where the labor is cheaper. This would leave many U.S. workers in the semiconductor industry unemployed Which of the following justifications is the president using to argue for the trade restriction on semiconductors?
◯ National security argument
◯ Job protection argument
◯ Fairness in trade argument
◯ Protection against cheap foreign
◯ labor argument Infant-industry argument.