Which of the Following Statements Is TRUE

question 70

Multiple Choice

Which of the following statements is TRUE?

• A) The infant-industry argument is valid only if the benefits of learning-by-doing in the infant industry spill over to other parts of the economy.
• B) A subsidy to an infant industry is a more efficient way to protect it from foreign competition than a tariff on the competing foreign goods.
• C) Both statements are true.
• D) Neither of the statements is true.

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Definitions:

Reward Power

The ability of an individual to influence others' behavior by offering positive incentives or rewards.

Demonstrated Ability

A proven capability or skill, evidenced through performance or achievements, indicating competence in a specific area.

Modern Organizations

Contemporary forms of organizations characterized by flexible structures, technological integration, and adaptive approaches to management.

Generic Influence Tactics

Broad strategies used to persuade or influence others to support one’s objectives or follow directions without relying on specific situational factors.