Which of the Following Describes the National Security Argument for Protectionism

question 126

Multiple Choice

Which of the following describes the national security argument for protectionism?

• A)Nearly all industries can make some claim to strategic importance so such trade restrictions can get out of hand.
• B)Increases in economic surplus outweigh the decreases in consumer surplus that result from protectionism.
• C)Some goods should be insulated from foreign competition to ensure an adequate supply of these goods in the event of an international conflict.
• D)Private companies (for example,Coca-Cola)should not be forced to reveal their trade secrets to foreign companies.

Recognize the significance of global citizenship and multiculturalism in a globalized economy.

Identify the role of international organizations and their impact on global recovery efforts.

Understand definitions and examples of poverty in a global context.

Examine the theories explaining global inequality.

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Definitions:

Glycosaminoglycans

Long linear polysaccharides found in the extracellular matrix and cell surfaces, important for the structural integrity of tissues.

Collagen

A protein that provides structure and strength to various connective tissues in the body, including skin, ligaments, tendons, and bones.

Marfan Syndrome

Marfan syndrome is a genetic disorder affecting the body's connective tissue, leading to abnormalities in the heart, blood vessels, bones, joints, and eyes.

Elastin Fibers

Protein fibers found in connective tissue that allow tissues to resume their shape after stretching or contracting.