Examlex
Describe how the concept of egocentrism relates to cognitive development in middle childhood and to the typical progress of friendship development (level of social interactions).
Trade Restrictions
Measures imposed by governments to control the import and export of goods and services with the intention of protecting domestic industries, which can include tariffs, quotas, and other barriers.
Efficiency Argument
The principle that resources should be allocated in a way that maximizes the productivity or welfare of a community or economy.
Jobs Argument
A perspective or argument centered on the impacts of economic policies or business decisions on employment levels.
Infant-Industry
An economic rationale for trade protectionism arguing that new industries need to be shielded from international competition to allow them to grow and become competitive.
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