If it can be shown that a tariff on steel imports will increase employment in the steel industry, we can be sure that the effect of the tariff on U.S. employment will also be positive.

Question

Quizplus · Accepted Answer

The statement only considers the impact on employment in the steel industry, but does not take into account the potential negative effects on employment in other industries that rely on steel imports, such as manufacturing or construction. The overall effect on U.S. employment cannot be determined simply by looking at the impact on one industry.

If It Can Be Shown That a Tariff on Steel