An Argument in Favor of Protective Tariffs Is the "Infant-Industry

question 63

Multiple Choice

An argument in favor of protective tariffs is the "infant-industry argument," which states that:

• A)any industry dealing with products for infants should be protected
• B)infant-industries need government loans
• C)infant-industries should be protected by tariffs from established foreign competition
• D)infant-industries should be exempt from antitrust laws
• E)infant-industries should be able to form monopolies

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Definitions:

Apraxia

A motor disorder caused by damage to the brain, resulting in difficulty with executing voluntary movements despite having the desire and physical ability to perform them.

Memory Impairment

A decline in the ability to remember information, which can occur due to various causes such as aging, neurological conditions, or injuries.

Compulsive Disorder

A mental disorder characterized by repetitive, unwanted thoughts (obsessions) and behaviors (compulsions) that the individual feels the urge to perform.

Clanging

A pattern of speech where words are chosen based on their sound rather than their meaning, often observed in psychiatric conditions.