The Main Problem with Using the Infant Industries Argument to Justify

question 109

Multiple Choice

The main problem with using the infant industries argument to justify protecting an industry from foreign competition is that:

• A) all industries will claim that they are infant industries in order to gain protection.
• B) the protected industry will become too efficient and drive out foreign competition.
• C) once in place, it is difficult to remove protection even as the industry matures.
• D) it causes the goods that are produced in the protected industry to have lower prices.
• E) this policy compromises national security if the infant industry produces military goods.

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Definitions:

Gender Stereotyping

The act of assigning expected behaviors, roles, or attributes to individuals solely based on their gender.

Gender Discrimination

Unfair or unequal treatment of individuals based on their gender, leading to disparities in opportunities, rights, and responsibilities.

Biological Approach

A way of looking at psychological issues by focusing on the physical and genetic bases of behavior and mental processes.

Evolutionary Basis

Refers to the underlying principles or reasons explained by evolution, typically in relation to the development of species or behaviors.