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Verizon [17]
2 years ago
10

Semiconductor legislation failures show why the U.S. struggles to compete

Social Studies
1 answer:
ch4aika [34]2 years ago
5 0

The American Post is the first and only website that publishes carefully chosen opinion pieces. We publish our own in-depth content while showcasing a wide range of fascinating political opinion pieces from a variety of ideologies and publications, including <em>The Washington Times, The Washington Post, New York Post, Wall Street Journal (WSJ), Slate, Foreign Policy</em>, American Thinker, and many more.

The baby industry justification, which is an economic justification for trade protectionism, was used by ball bearing manufacturers in the United States of America to make their case to the federal government. They requested that specific trade limitations be placed on the importing of ball bearings by the US government.

The <em>domestic producers' lobbyist</em> was correct to assert that the country's ball-bearing industry was still in its infancy and would not be able to compete with foreign firms.

They believed that once the restriction is put in place, the local ball-bearing sector will develop and have the ability to compete on the international market.

Learn more about semiconductor legislation here brainly.com/question/18331570

#SPJ10

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