d. "Lower-priced goods from abroad often result from comparative advantage rather than unfair competition." This22statementopposestheunfair competitionargument.e. “A country must be able to access strategically important goods, such as weapons, oil, and food, if trade were to cease,as during a war." This statementopposesthenational securityargument.f. "Labor and environmental requirements that are appropriate for a developed, wealthy economy may not be appropriatefor less developed, poorer nations." This statementopposesthefair standardsargument.g. “A country rarely relies on a single international source for strategic goods." This statementopposesthenational securityargument.h. “Foreign firms sometimes temporarily charge below-cost prices, driving U.S. competitors out of business." Thisstatementopposestheinfant industryargument. International TradeEnd of Chapter ProblemConsider each argument for limiting international trade:• The national security argument suggests that national security requires that strategically important goods be produceddomestically.• The infant industry argument suggests that protection can help infant industries develop.• The unfair competition argument suggests that anti-dumping laws prevent unfair competition.• The fair standards argument suggests that trade should not enable firms to skirt regulations.Determine which argument each statement is related to and whether the statement supports or opposes the argument.a. "Industries that are protected from foreign competition often never develop to a point where they can competeinternationally." This statementילopposestheinfant industryargument.b. "If foreign importers do not meet U.S. requirements regarding child labor, safety, and the environment, they will have anunfair cost advantage over domestic firms." This statementsupportsthefair standardsargument.c. “If a fledgling industry is temporarily shielded from foreign competition, it can ultimately become globallycompetitive." This statementsupportstheinfant industryargument.

Question

d. &#34;Lower-priced goods from abroad often result from comparative advantage rather than unfair competition.&#34; This22statementopposestheunfair competitionargument.e. “A country must be able to access strategically important goods, such as weapons, oil, and food, if trade were to cease,as during a war.&#34; This statementopposesthenational securityargument.f. &#34;Labor and environmental requirements that are appropriate for a developed, wealthy economy may not be appropriatefor less developed, poorer nations.&#34; This statementopposesthefair standardsargument.g. “A country rarely relies on a single international source for strategic goods.&#34; This statementopposesthenational securityargument.h. “Foreign firms sometimes temporarily charge below-cost prices, driving U.S. competitors out of business.&#34; Thisstatementopposestheinfant industryargument. International TradeEnd of Chapter ProblemConsider each argument for limiting international trade:• The national security argument suggests that national security requires that strategically important goods be produceddomestically.• The infant industry argument suggests that protection can help infant industries develop.• The unfair competition argument suggests that anti-dumping laws prevent unfair competition.• The fair standards argument suggests that trade should not enable firms to skirt regulations.Determine which argument each statement is related to and whether the statement supports or opposes the argument.a. &#34;Industries that are protected from foreign competition often never develop to a point where they can competeinternationally.&#34; This statementילopposestheinfant industryargument.b. &#34;If foreign importers do not meet U.S. requirements regarding child labor, safety, and the environment, they will have anunfair cost advantage over domestic firms.&#34; This statementsupportsthefair standardsargument.c. “If a fledgling industry is temporarily shielded from foreign competition, it can ultimately become globallycompetitive.&#34; This statementsupportstheinfant industryargument.

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d. "Lower-priced goods from abroad often result from comparative advantage rather than unfair competition." This the unfair competition argument. statement opposes -