Examlex
A positioned element is placed in a new layer, which is a new level displayed on top of the basic flow of elements on the web page._________________________
Infant Industry
An industry in its early stages of development, which may be protected by the government from international competition temporarily until it becomes competitive.
Protective Tariffs
Import taxes imposed by a country on foreign goods to protect domestic industries from competition by making imported goods more expensive.
Comparative Advantage
The capacity of an entity to generate a product or service with a lesser opportunity cost compared to others.
Protectionist Argument
The rationale for implementing trade barriers, such as tariffs and quotas, to protect domestic industries from foreign competition.
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