The Infant Industry Argument for Tariffs Against Free Trade Is

question 108

Multiple Choice

The infant industry argument for tariffs against free trade is sometimes supported because:

• A) it is very hard to discern which industries really deserve protection.
• B) subsidies may have more merit than tariffs.
• C) the "infant" may "still wear diapers" even after it attains a huge size and economies of scale.
• D) a new domestic industry may have potential economies of scale.

---

Definitions:

Behaviour Observation Scale

A method used in performance management that rates employee behavior in terms of specific examples of job-relevant behavior.

Ranking Method

A method used in various contexts to arrange items or individuals in order based on certain criteria, often for evaluation or prioritization purposes.

Forced Distribution Method

A performance management system where employees are ranked in groups and forced into predetermined categories, such as top, middle, and bottom performers.

Performance Improvement Plan

A formal document created to outline an employee's performance deficiencies and set goals for improvement.