The Industry for Computers Has Just Started Growing in the Nation

question 118

Multiple Choice

The industry for computers has just started growing in the nation of Verdana,and there is potential for the industry to flourish in the near future.However,there is stiff competition from other foreign nations that provide computers to the domestic market.The government is considering imposing a tariff.Which of the following arguments justifies the government's decision to impose a tariff on the import of computers?

• A)The antidumping argument
• B)The infant industry argument
• C)The jobs and income argument
• D)The declining industries argument
• E)The national defense argument

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Definitions:

Confidence Interval

A selection of values, based on sample results, assumed to incorporate the value of an obscure population parameter.

Mean

The average value of a data set, calculated by adding up all the numbers in the set and then dividing by the count of the numbers.

Confidence Interval

A spectrum of values, from sample measurements, that is anticipated to capture the value of a hidden population parameter.

Standard Error

A statistical measure that describes the distribution of sample means around the population mean, indicating the accuracy of a sample mean as an estimate of the population mean.