Final answer:
The national interest argument involves protecting industries that a country is dependent on, such as the oil industry, industries related to national defense, infant industries, and export-oriented industries.
Step-by-step explanation:
The national interest argument is about protecting certain industries that our country is dependent on. These industries include:
- The oil industry: Oil is a crucial resource for many countries, and protecting the domestic oil industry ensures a stable supply and reduces dependence on foreign countries.
- Industries that are key for our national defense: Industries related to national defense, such as those that produce weapons and military equipment, are protected to maintain national security.
- Infant industries: Infant industries are small domestic industries that need temporary protection from foreign competition to grow and become strong competitors.
- Export-oriented industries: Industries that rely on exports are protected to promote economic growth and maintain a competitive advantage in the global market.