Common Arguments Often Raised to Present the Case for Protectionism

question 280

Multiple Choice

Common arguments often raised to present the case for protectionism include the following, except

• A)protecting infant industries until they mature.
• B)protection against foreign suppliers' dumping.
• C)raising domestic employment in specific industries.
• D)reducing the price of the product to consumers.

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Definitions:

Atlanta Compromise

A speech delivered by Booker T. Washington in 1895 advocating for African American economic progress and education as a route to racial equality, while suggesting a temporary acceptance of segregation.

Gunnar Myrdal

A Swedish economist and sociologist known for his influential study on race relations in the United States, titled "An American Dilemma" (1944).

Segregation

The action or state of setting someone or something apart from others, often based on racial, sexual, or religious discrimination.

Harassment

Unwanted and unwelcoming behavior that includes bullying, discrimination, and sexual harassment, creating a hostile environment for the victim.