The (False) Idea That an Industry Should Be Protected Because

question 148

Multiple Choice

The (false) idea that an industry should be protected because of learning-by-doing until it is large enough to compete successfully in world markets is the ________ argument for protection.

• A) cheap foreign labor
• B) infant industry
• C) dumping
• D) comparative advantage

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Definitions:

Systematic Name

The formal name of a chemical substance, based on a set of standard rules for naming molecules as established by the International Union of Pure and Applied Chemistry (IUPAC).

Compound

A material consisting of two or more elements that are chemically bonded together in set proportions.

Compound

A compound that results from the chemical union of multiple elements in specific proportions.

N-ethyl-N-methyl-1-hexanamine

N-ethyl-N-methyl-1-hexanamine is an organic compound featuring an amine group, with a structure derived from hexane by substituting hydrogen atoms with an ethyl and a methyl group on the nitrogen atom.