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

question 87

Multiple Choice

An argument in favour of protective tariffs is the "infant-industry argument." Which of the following statements would best reflect that argument?

• A) Infant industries should be protected from established foreign competition.
• B) Infant industries should be exempt from antitrust laws.
• C) Any industry dealing with products for infants should be protected.
• D) Infant industries need government loans.

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Definitions:

Molarity

A measure of concentration expressed as the number of moles of a solute per liter of solution.

Diluted

The process of reducing the concentration of a solute in a solution, typically by adding more solvent.

Molarity

A concentration measure of a solution, represented by the number of moles of solute per liter of solution.

Solution

A homogeneous mixture composed of two or more substances, where the solute is uniformly dispersed within the solvent.