A Business Which Contends That It Needs Temporary Protection So

question 47

Multiple Choice

A business which contends that it needs temporary protection so that it can expand significantly and thereby reduce its costs so as to enable it to compete with foreign producers is using an argument known as the

• A)infant- industry case for tariffs.
• B)social advantages case for tariffs.
• C)monopolistic competition case for tariffs.
• D)strategic case for tariffs.
• E)price fluctuations case for tariffs.

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Definitions:

External Oblique

A muscle in the abdomen that helps rotate the trunk and flex the vertebral column.

Scapula

The flat, triangular bone located in the upper back, commonly known as the shoulder blade.

Rhomboid Major

A skeletal muscle located in the upper back that connects the spine to the shoulder blade, aiding in retraction of the scapula.

Teres Minor

A small muscle of the rotator cuff that assists in the rotation and stabilization of the shoulder joint.