Which of the Following Is a Result of the Protection

question 58

Multiple Choice

Which of the following is a result of the protection of domestic companies from international competition?

• A)Consumers need to pay lesser for products.
• B)There are increased incentives to cut production costs and improve quality.
• C)Companies become more reliant on protection.
• D)Protection increases a company's incentives to obtain the knowledge it needs to become more competitive.

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Definitions:

Distortion

The alteration of the original shape or other characteristic of something, often leading to a misrepresentation of reality.

Cognitive Changes

Refers to alterations in cognitive functions such as memory, problem-solving, and attention span that can occur due to various factors including age, disease, or environmental influences.

Implicit Memory

Automatic memories based on repetition and apparently not requiring any conscious effort to retrieve.

Explicit Memory

Memory for specific information, including autobiographical information, such as what you had for breakfast, and general knowledge, such as state capitals.