The Infant Industry Argument Says That

question 50

Multiple Choice

The infant industry argument says that

• A) tariffs should be imposed to allow a new industry in a country to get established.
• B) dumping should be allowed in order to establish a presence of an industry that has previously not had a presence in another country.
• C) countries should produce and trade goods according to their comparative advantage.
• D) imports should target new products from other countries to take advantage of the transmission of new ideas.

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Definitions:

Attentive Listening

The practice of listening actively with all senses, as a sign of respect and interest in what the speaker is saying.

Vagueness

The quality of being unclear, indefinite, or imprecise in meaning or intention.

Clarification

The process of making a statement or situation less confused and more comprehensible.

Open-ended Questions

Open-ended Questions are inquiries that allow for responses beyond simple yes or no answers, encouraging more detailed and descriptive answers.