A Basic Problem with the Infant-Industry Argument Is That

question 136

Multiple Choice

A basic problem with the infant-industry argument is that

• A) most industries need protection when they are mature, not when they are first established.
• B) the amount of the tariff is unlikely to have much impact on the success of an infant industry.
• C) political pressure will likely prevent the withdrawal of the tariff when the industry matures.
• D) domestic consumers will continue to buy the foreign products anyway, regardless of the tariff.

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Definitions:

Anterior

Before or in front of.

Pathophysiology

The study of how normal physiological processes are affected by disease, leading to the functional changes associated with health conditions.

Exocytosis

A process by which a cell transports secretory products through the cytoplasm to the plasma membrane and then into the extracellular environment.

Recessive Gene

A type of gene that is not expressed in the phenotype unless it is present on both chromosomes of a pair, overshadowed by dominant genes when in combination.