Which of These Is a Typical Limitation in How an Infant

question 5

Multiple Choice

Which of these is a typical limitation in how an infant industry is protected?

• A) The infant industry is coddled, preventing it from developing into a mature, internationally viable firm.
• B) Protection is usually limited to consumer goods.
• C) Most industries are not viable on their own, so protecting these industries would be an efficient use of resources.
• D) Protection is never given to capital manufacturing.

---

Definitions:

Fair Market Value

The price at which property would sell between a willing buyer and a willing seller, each having reasonable knowledge of all relevant facts and not under any compulsion to transact.

Appraised Value

The estimated monetary value of an asset determined by a professional appraiser at a specific point in time.

Depreciated

Refers to the reduction in the recorded value of an asset over time due to wear and tear, obsolescence, or age.

Equipment

Tangible assets used in operations, such as machinery or office hardware, that play a key role in business operations and productivity.