A Possible Explanation That a Nation Might Offer for the Imposition

question 167

Multiple Choice

A possible explanation that a nation might offer for the imposition of a protectionist policy such as a tariff is to

• A) protect an infant industry from foreign competitors.
• B) encourage specialization in the good in which the nation has a comparative advantage.
• C) slow domestic production.
• D) increase the level of imports.
• E) give consumers more foreign-made options.

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Definitions:

Maladaptive

Behaviors or thought patterns that are counterproductive or hinder one’s ability to adjust healthily to situations or challenges.

Dedication

The quality of being committed to a task or purpose.

Prognosis

A prediction of the outcome of a disease, condition, or the chance of recovery based on typical progress or other factors.

Illness

A condition of poor health perceived or experienced by an individual, often characterized by specific symptoms and signs.