Valid Arguments For Tariffs or Export Subsidi
Valid Arguments For Tariffs or Export Subsidi
Valid Arguments For Tariffs or Export Subsidi
a. **“Earnings of Dairy producers in Wales are at their lowest peak despite an overall rise in farm
business incomes.”** This argument suggests that despite the overall rise in farm business incomes,
dairy producers in Wales are experiencing low earnings. This could be a valid argument for
implementing tariffs or export subsidies to protect the domestic dairy industry in Wales. However,
further information is needed to determine the specific reasons for the low earnings and whether
tariffs or export subsidies would be an appropriate solution.
b. **“The more ecologically certified food products the EU requires, the higher the price of these
products will be on the common market.”** This argument suggests that the requirement for
ecological certification of food products in the EU will lead to higher prices. While this argument does
not directly relate to tariffs or export subsidies, it highlights a potential negative consequence of
regulations on the price of products. It could be used as a supporting argument for implementing
export subsidies to offset the increased costs of compliance with ecological certification
requirements.
c. **“U.S. soybean exports to China and India don’t just mean increased wealth for farmers–they
mean increased wealth for everyone in the value chain.”** This argument suggests that U.S. soybean
exports to China and India benefit not only farmers but also everyone involved in the value chain. This
could be a valid argument for promoting exports and potentially implementing export subsidies to
support the soybean industry. However, it is important to consider the overall economic impact and
potential trade-offs associated with export subsidies.
#### Not a Valid Argument for Tariffs or Export Subsidies:
d. **“The PET industry continued to sustain US recycling programs; this shows the strength of the PET
recycling market in the face of significant global economic slowdown and a drop in virgin feedstock
prices.”** This argument highlights the strength of the PET recycling market in the face of economic
challenges. However, it does not directly relate to tariffs or export subsidies. It is more focused on the
resilience of the PET recycling industry. Therefore, it is not a valid argument for tariffs or export
subsidies.
e. **“The price of coal has been stable, but the production dropped 10.3 percent, and workers have
been forced to look for other jobs.”** This argument highlights the decline in coal production and the
impact on workers. However, it does not directly relate to tariffs or export subsidies. It is more
focused on the challenges faced by the coal industry and the need for alternative job opportunities
for workers. Therefore, it is not a valid argument for tariffs or export subsidies.