The phrase "arguing that it has" is correct and usable in written English.
It can be used when discussing a claim or assertion made in a debate or argument, particularly in academic or analytical contexts.
Example: "The author is arguing that it has significant implications for future research in the field."
Alternatives: "claiming that it possesses" or "asserting that it holds".
The United States has worked hard to limit its role in the Libyan campaign, arguing that it has its plate full with wars in Iraq and Afghanistan.
The European Commission is bringing a high-profile case against Google, arguing that it has abused its huge power to promote its own shopping tool over those of others.
China defends its policies, arguing that it has boosted economic development in the area and that it upholds minority and religious rights in a country with 56 recognised ethnic groups.
LMCs are clear that they are the formal representatives of the doctors, but it is all too easy to imagine an LMC opposing a CCG plan which could dump extra work on GPs, and the CCG arguing that it has the support of its GP members.
Allergan has rebuffed its Canadian suitor, arguing that it has a "diametrically opposed strategy", but the company has been under significant pressure and was racing to complete the deal with Actavis before a critical shareholder meeting in December that could have pushed it into Valeant's arms.
And in his new book Retromania: Pop Culture's Addiction to its Own Past, Reynolds takes the music business to task, arguing that it has become addicted to endlessly recycling its history.
China also cited exemption clauses under the UNCLOS (Art. 298, Section 2, Part XV), arguing that it has opted out of arbitration proceedings that concern its sovereignty claims.
Mr. Jaafari is highly critical of the Obama administration for its support of the insurgency in Syria, arguing that it has helped to empower Al Qaeda and similar groups that hate the United States.
The Israeli government's decision to defend its occupation of the West Bank by arguing that it has a better human rights record than Syria or Iran brings to mind remarks made on this subject by the late British historian Tony Judt, who told The London Review of Books in 2010: Israel wants two things more than anything else in the world.
AMD will be in the awkward position of arguing that it has suffered at the hands of Intel, when in fact its share of the overall market for PC and server chips has increased substantially.
These critics want to kill off the carnival, arguing that it has outgrown the area.
