Which of the Following Asserts That Import-Competing Firms That Are

question 25

Multiple Choice

Which of the following asserts that import-competing firms that are struggling to stay in business should be provided protection in order to maintain jobs and continue domestic production?

• A)The developing government argument
• B)The infant industry argument
• C)The dying industry argument
• D)The optimal tariff argument

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Definitions:

Employees

Individuals hired by an organization or company to perform specific duties.

Policy Makers

Individuals or groups responsible for creating and implementing laws, regulations, or guidelines within an organization or government.

Operating Personnel

Workers directly involved in the operation and functioning of machinery, equipment, or systems within an organization.

Developmental Process

A series of steps or stages that result in growth, progress, or evolution in an individual, organization, or product.