The Infant-Industry Argument Is Used by Those Who Assert They

question 58

Multiple Choice

The infant-industry argument is used by those who assert they want to

• A) limit imports to protect new industries.
• B) limit exports.
• C) encourage foreign firms to dump in Australia.
• D) increase exports to encourage the growth of new industries.
• E) increase imports to earn money to support new industries.

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Definitions:

Dialkyl Ethers

Organic compounds consisting of an oxygen atom bonded to two alkyl groups, often characterized by their ether functional group, R-O-R'.

IUPAC

International Union of Pure and Applied Chemistry, an organization that sets standards for naming chemical compounds.

Epoxypentan-1-ol

An organic compound featuring a five-carbon chain with an epoxide ring (a three-membered ring consisting of an oxygen atom and two carbon atoms) and a hydroxyl group at the first carbon.

Hydroxyethyl

A functional group or moiety featuring an ethyl backbone attached to a hydroxyl group, often represented as -CH2CH2OH.