If an Established Domestic Industry Is in Jeopardy of Being

question 2

Multiple Choice

If an established domestic industry is in jeopardy of being displaced by lower-priced imports, there could be a rationale for

• A)permanent import restrictions to prevent the decline of the domestic industry
• B)temporary import restrictions to allow the orderly adjustment of the domestic industry
• C)permanent import restrictions based on the infant industry argument
• D)temporary import restrictions based on the infant industry argument
• E)temporary import restrictions that will be replaced by permanent tax breaks for the domestic industry

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Definitions:

Adrenal Glands

Small, triangular glands located on top of both kidneys that produce hormones crucial for regulating metabolism, immune system, blood pressure, and stress response.

Sex Hormones

Biochemical substances that influence the development and functioning of reproductive systems, including aspects of sexual features and behavior.

Salt Intake

The amount of salt (sodium chloride) consumed by an individual, which can influence health, affecting blood pressure and cardiovascular disease risk.

Adrenal Glands

Small glands located above the kidneys that produce hormones like adrenaline and cortisol, which help regulate metabolism, immune system, blood pressure, response to stress, and other essential functions.