Under Which of the Following Situations Will the Infant Industry

question 2

Multiple Choice

Under which of the following situations will the infant industry argument for protection stand to be valid?

• A)New firms are unable to obtain funds from the financial owing to inherent imperfections in the banking system.
• B)The benefits from the early business investments accrue to the firms making these early investments.
• C)Firms that produce important military hardware cannot be established without government support.
• D)The more a country exports, the more the price of its exports fall relative to its imports.

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Definitions:

Effective Communication

The process of exchanging information in a way that is clearly understood by all parties involved.

Malcolm Baldridge National Quality Award

An award given by the U.S. government to recognize U.S. organizations for excellence in quality and performance.

Free Media Attention

Publicity gained without financial cost, typically through news coverage, social media virality, or other non-paid channels that spread information or marketing messages.

Crisis Management Team

A group of individuals designated to lead and coordinate an organization's response to a major, unexpected event that poses a significant threat.