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

question 46

Multiple Choice

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

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

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Definitions:

Several Thousand Languages

Refers to the vast number of distinct languages currently spoken around the world.

Rationalization

The process of making actions or processes logical and efficient, often through the application of scientific methods.

Global Resistance Movements

Collective actions or groups that oppose and resist dominant power structures, policies, or socio-economic conditions on a global scale.

Corporate Greed

Corporate greed refers to a situation where companies prioritize profit maximization over ethical considerations, workers' rights, and the well-being of society.