In our increasingly globalized economy there are few things that garner more heated discussions around the union hall than all those “cheap” imports stealing American jobs. Nearly all economists agree that trade restrictions and import tariffs do far more damage to an economy than the restrictions and tariffs are purported to solve.

Write a paper identifying and defining the six arguments for imposing trade restrictions and import tariffs. Explain why they are generally false.

To achieve maximum points for content and analysis, the following elements need thoroughly addressed:

• Identify the arguments listed in the text.
• Clearly explain them.
• Clearly explain why they are generally false.
• Provide at least two academic resources