Which of the Following Describes the National Security Argument for Protectionism

question 126

Multiple Choice

Which of the following describes the national security argument for protectionism?

• A)Nearly all industries can make some claim to strategic importance so such trade restrictions can get out of hand.
• B)Increases in economic surplus outweigh the decreases in consumer surplus that result from protectionism.
• C)Some goods should be insulated from foreign competition to ensure an adequate supply of these goods in the event of an international conflict.
• D)Private companies (for example,Coca-Cola)should not be forced to reveal their trade secrets to foreign companies.

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Definitions:

Outgroup Homogeneity

The perception that members of a group different from one's own are more similar to each other than are members of one's ingroup.

Other-Race Effect

The tendency to more easily recognize faces of the race that one is most familiar with.

Blame-The-Victim Dynamic

A social phenomenon where the victim of a crime or any wrongful act is held entirely or partially at fault for the harm that befell them.

African-American Males

Refers to males of African descent living in the United States, often discussed in contexts of social, economic, and health disparities.