Which of the Following Is the National Security Argument Against

question 192

Multiple Choice

Which of the following is the national security argument against free trade?

• A) A country must protect industries that produce defense equipment and armaments.
• B) A country must protect new industries to give them a chance to mature before facing foreign competition.
• C) A country must protect firms from dumping by foreign companies.
• D) A country must protect its consumers from foreign influences.
• E) A country must preserve its jobs.

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Definitions:

Price

The amount of money that must be paid to obtain a given product or service.

Opportunity Cost

The loss of potential gain from other alternatives when one alternative is chosen.

Hot Dog

A cooked sausage, traditionally grilled or steamed, and served in a partially sliced bun as a fast-food.

Hamburger

a popular food item consisting of a cooked patty of ground meat, usually beef, placed inside a sliced bread roll or bun.