Which of the Following Arguments Contends That Certain Industries Need

question 121

Multiple Choice

Which of the following arguments contends that certain industries need to be protected in the interest of national security?

• A) the increased domestic employment argument
• B) the cheap foreign labor argument
• C) the diversification-for-stability argument
• D) the military self-sufficiency argument

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Definitions:

New-category Entries

Products or services introduced into a market that create or define a new category, offering novel solutions to consumers.

Potential and Risk

This term considers the balance between the possibility of gains or growth against the likelihood of losses or negative outcomes.

Revamped Products

Products that have been significantly modified, updated, or improved with the aim of enhancing performance or attracting a larger consumer base.

Disruptive Technology

A technology that displaces an established technology and shakes up the industry, or a groundbreaking product that creates a completely new industry.