The Infant-Industry Argument

question 205

Multiple Choice

The infant-industry argument

• A)is based on the belief that protecting industries when they are young will pay off later.
• B)is based on the belief that protecting industries producing goods and services for infants is necessary if a country is to have healthy children.
• C)has the support of most economists.
• D)is an argument that is advanced by advocates of free trade.

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Definitions:

Labor Market

The supply and demand for workers, in which employers seek to hire and workers look for employment.

Organizational Behavior Model

A framework for understanding and analyzing the actions and interactions of individuals within a company, which can impact the organization's functioning.

Study Of Cultures

The academic and scientific examination of cultures, exploring their behaviors, traditions, values, and social norms, typically within the field of anthropology or cultural studies.

OB

Also known as Organizational Behavior, it is the study of how people interact within groups in a work environment.