The Chinese Protected Its Automobile Industry Through Restrictive

question 71

Multiple Choice

The Chinese protected its automobile industry through restrictive
Tariffs and quotas.Which of the following BEST describes this
Practice?

• A)antidumping duties
• B)infant industry protection
• C)voluntary export restraints
• D)price discrimination

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Definitions:

Work Clock

A device or system for measuring and recording the hours worked by an employee, or metaphorically, the cultural or personal expectations regarding work hours and effort.

German Term

A word or phrase that is in the German language.

Cultural Relativism

A principle that suggests one should understand individual human behaviors and ideas within the context of the culture in which they are found, without making judgments.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often accompanied by a feeling of contempt for other cultures.