A Downfall of the Infant-Industry Argument Is That

question 164

Multiple Choice

A downfall of the infant-industry argument is that

• A) most industries need protection when they are mature, not when they are first established.
• B) the amount of the tariff is unlikely to have much impact on the success of an infant industry.
• C) once a tariff is granted, political pressure will likely force withdrawal of the tariff before the industry matures.
• D) once established, a tariff is politically difficult to remove.

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Definitions:

Alternate Personalities

An aspect of dissociative identity disorder where a person exhibits two or more distinct and alternating personalities, each with its own pattern of perceiving and interacting with the world.

Repetitive Strange Utterances

The occurrence of repeatedly saying unusual or nonsensical phrases, often associated with certain psychiatric or neurological conditions.

Active Mode

Refers to a state or condition of being engaged in activity or operation, often used in technology and psychology contexts.

Hilgard's Study

Reference to Ernest Hilgard's research, particularly known for his theory on the "hidden observer" as a demonstration of the power of the subconscious mind during hypnosis.