It Is Argued That Certain Industries Should Be Protected from Foreign

question 85

Multiple Choice

It is argued that certain industries should be protected from foreign competition because they are needed to secure the United States from foreign aggression.This argument is called the __________ argument.

• A) saving domestic-jobs
• B) low foreign wages
• C) foreign export subsidies
• D) national defense

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Definitions:

Commission

A fee paid to an agent or employee for transacting a piece of business or performing a service.

Sales

The exchange of a commodity for money; the action of selling something.

Classified Ads

Short advertisements placed in a newspaper, magazine, or online, usually categorized by topic, such as jobs, real estate, and services.

Flat Fee

A pricing structure where a single fixed rate is charged for a service, regardless of usage or time required.