Some Nations Try to Nurture and Encourage New Firms with Lots

question 8

Multiple Choice

Some nations try to nurture and encourage new firms with lots of
Promise, so they protect them from foreign competition.This is called
The _________ argument for trade protection.

• A)home nation unemployment
• B)level playing field
• C)efficiency
• D)infant industry

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Definitions:

European Power

Refers to countries in Europe that hold significant global influence and military, economic, or diplomatic strength, historically and in contemporary times.

Thorough Displacement

Thorough displacement refers to the complete removal or relocation of a population or group from a specific area, often due to environmental, economic, or social reasons.

English Settlers

The early colonists from England who established settlements in what would become the United States during the 17th and 18th centuries, significantly impacting Native American lands and cultures.