Which of the Following Is a Partially Valid Economic Argument

question 14

Multiple Choice

Which of the following is a partially valid economic argument for restricting free trade?

• A) Restrictions on foreign trade will increase employment and permanently reduce unemployment.
• B) Removal of restrictions that have existed for years will initially cause inflation.
• C) Infant industries need permanent protection to develop and gain productive efficiency.
• D) A nation needs to protect industries that are vital to national defense in case of future international conflict.

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Definitions:

ADHD

Attention-Deficit/Hyperactivity Disorder (ADHD) is a neurodevelopmental disorder characterized by problems paying attention, hyperactivity, or impulsiveness that are not appropriate for a person's age.

Inattention

The lack of focus or concentration on a specific task or environment, often noted in various psychological diagnoses.

Hyperactivity

A condition characterized by overly active behavior that can include excessive talking, fidgeting, or difficulty remaining still and focused.

Impulsivity

A trait signifying a tendency to act on a whim, displaying behavior characterized by little or no forethought, reflection, or consideration of the consequences.