Suppose there is a policy debate regarding the united states’ imposing trade restrictions on imported steel rods: domestic producers of steel rods send a lobbyist to the u. s. government to request that the government impose trade restrictions on imports of steel rods. the lobbyist claims that the u. s. steel-rod industry is new and cannot currently compete with foreign firms. however, if trade restrictions were temporarily imposed on steel rods, the domestic steel-rod industry could mature and adjust and would eventually be able to compete in the world market. which of the following justifications is the lobbyist using to argue for the trade restriction on steel rods? jobs argumentnational-security argumentinfant-industry argumentusing-protection-as-a-barga ining-chip argumentunfair-competition argument

Salt corporation's contribution margin ratio is 78% and its fixed monthly expenses are $30,000. assume that the company's sales for may are expected to be $89,000. required: estimate the company's net operating income for may, assuming that the fixed monthly expenses do not change.

Profits from using currency options and futures.on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda.com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2

Your own record of all your transactions. a. check register b. account statement