Which Is Not a Commonly Heard Argument for Protectionism

question 175

Multiple Choice

Which is not a commonly heard argument for protectionism?

• A)A strong national defense requires that some military products be produced domestically.
• B)Infant industries need short-run, but not long-run, protection from foreign competition.
• C)Specialization along the lines of comparative advantage can lead to greater economic instability for a nation.
• D)When other nations' economies grow they typically import fewer goods and services.

---

Definitions:

Systems Approach

A theory that views organizations as interrelated parts working together to achieve common objectives, emphasizing the importance of understanding the interdependency of all components.

HRM Activities

Tasks and functions performed by the Human Resources Management department, including recruitment, training, and employee support.

Veterinary Clinics

Medical facilities that provide healthcare and treatment specifically for animals.

Human Relations Era

A period in management theory focused on understanding human behavior in workplaces and improving employee morale and productivity.