Which One of the Following Was NOT a Reason Why

question 126

Multiple Choice

Which one of the following was NOT a reason why Brazil's infant
Industry protection of its personal computer industry was a failure?

• A)Imported silicon chips were expensive to obtain.
• B)Local regulations limited the entry of new firms in the industry.
• C)Domestically produced parts required by the Brazilian PC industry were expensive.
• D)The Brazilian government continued to purchase imported PCs.

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Definitions:

Capitalist Income

Income generated through the ownership of capital assets like businesses, stocks, or real estate, often distinguishing the earnings of capitalists from laborers.

Economic Rent

The excess payment or profit made over the minimum amount required to bring a factor of production into use.

Pure Rate of Interest

The rate of return on a risk-free investment, theoretically excluding the effects of inflation, default risk, and other factors.