The "Unfair-Competition" Argument Might Be Cited by an American Who

question 208

Multiple Choice

The "unfair-competition" argument might be cited by an American who believes that

• A)almost every country has a comparative advantage, relative to the United States, in producing almost all goods.
• B)young industries should be protected against foreign competition until they become profitable.
• C)the American automobile industry should be protected against Japanese firms that are able to produce automobiles at relatively low cost.
• D)the French government's subsidies to French farmers justify restrictions on American imports of French agricultural products.

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A measure of the number of different species present in an ecosystem, providing an indication of biodiversity.

Montreal Protocol

International agreement designed to protect the ozone layer by gradually eliminating the production of ozone-depleting substances.

CFCs

Chlorofluorocarbons, synthetic organic compounds used in air conditioning, refrigerants, and aerosols, which contribute to ozone layer depletion.

Global Warming Chemicals

Substances contributing to the greenhouse effect and global warming, typically including carbon dioxide, methane, nitrous oxide, and fluorinated gases.