The Industry for Computers Has Just Started Growing in the Nation

question 118

Multiple Choice

The industry for computers has just started growing in the nation of Verdana,and there is potential for the industry to flourish in the near future.However,there is stiff competition from other foreign nations that provide computers to the domestic market.The government is considering imposing a tariff.Which of the following arguments justifies the government's decision to impose a tariff on the import of computers?

• A)The antidumping argument
• B)The infant industry argument
• C)The jobs and income argument
• D)The declining industries argument
• E)The national defense argument

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Definitions:

Established Business Practices

Conventional methods and procedures that are widely accepted and utilized within a particular industry or by a specific company over time.

Performance Levels

Measures of an individual, group, or organization's output compared to a predefined standard or expectation.

Direct Costs

Costs that can be directly attributed to the production of specific goods or services, such as labor and materials.

Factory Rent

Factory rent is the cost associated with leasing or renting a manufacturing facility, which is typically categorized as a fixed expense for the business.