Which Argument in Favor of Tariffs States That Developing Industries

question 144

Multiple Choice

Which argument in favor of tariffs states that developing industries should be initially shielded from competition?

• A) infant-industry argument
• B) cheap foreign labor argument
• C) fair trade argument
• D) national security argument

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Definitions:

Dissenting Values

Values or beliefs that differ significantly from those of the dominant group or culture, leading to opposing viewpoints or actions.

Subcultures

Groups within a broader culture that distinguish themselves through a unique set of behaviors, values, and norms.

Dominant Culture

The prevailing values, beliefs, and norms in an organization or society, which often influence the behavior and attitudes of its members.

Organizational Culture

The shared values, beliefs, and norms that influence the behavior and practices of individuals within an organization.