[Related to the Apply the Concept on page 235] An economic analysis of a proposal to impose a quota on steel imports into the United States indicated that the quota would save 3,700 jobs in the steel...

[Related to the Apply the Concept on page 235] An economic analysis of a proposal to impose a quota on steel

imports into the United States indicated that the quota

would save 3,700 jobs in the steel industry but cost about

35,000 jobs in other U.S. industries. Why would a quota

on steel imports cause employment to decline in other

industries? Which other industries is a steel quota likely to

affect?

Source: Douglas A. Irwin, Free Trade under Fire, Princeton, NJ: Princeton

University Press, 2002, p. 82.