One argument against trade restrictions is national defense

One argument against trade restrictions is national defense...

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One argument against trade restrictions is national defense. Special interest groups demand protection for defense industries so that this country will have their output in wartime and will not depend on imports that might not be available. Another argument against trade restrictions is new industries in developing nations frequently request barriers to imports of competing products from developed countries. The argument is that the infant industry must have time to gain experience before having to confront world competition. One argument for trade restrictions is scientific tariff or fair competition. Supporters of this argument say they believe in fair competition. They simply want an import duty that will bring the cost of the imported goods up to the cost of the domestically produced article. Another argument for trade restrictions is sanctions to punish offending nations. A related argument for imposing trade restrictions is to inflict economic damage on other nations in order to punish them or otherwise encourage them
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One argument against trade restrictions is national defense...

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