The Argument That It Is Necessary to Protect a New

question 8

Multiple Choice

The argument that it is necessary to protect a new industry to enable it to grow into a mature industry that can compete in world markets is known as the

• A) national security argument.
• B) diversity argument.
• C) infant-industry argument.
• D) environmental protection argument.
• E) national youth protection argument.

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Definitions:

Labor Exchange

The process whereby workers and employers connect or interact to facilitate employment, often mediated by a platform or agency.

Income

Monetary gains received consistently from either occupational efforts or investments.

Flowers

The reproductive structure found in flowering plants, responsible for the production of seeds and propagation of the species.

Factors Of Production

The resources used in the production of goods and services, traditionally categorized as land, labor, and capital.