The Most Efficient Way to Encourage the Growth of an Infant-Industry

question 143

Multiple Choice

The most efficient way to encourage the growth of an infant-industry is through a

• A) voluntary export restraint.
• B) tariff.
• C) subsidy.
• D) an import quota.

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Definitions:

Applied Voltage

The electrical potential difference deliberately applied across a component or circuit to drive current through it.

RLC Series Circuit

An electrical circuit consisting of a resistor (R), inductor (L), and capacitor (C) connected in series, displaying complex impedance characteristics.

Phase

A term describing the position of a point in time on a waveform cycle.

Value of Z

Often referred to in electrical engineering as impedance, representing the total opposition that a circuit offers to the flow of alternating current.