The Infant Industry Argument Is That

question 19

Multiple Choice

The infant industry argument is that

• A) comparative advantage is irrelevant to economic growth.
• B) developing countries have a comparative advantage in agricultural goods.
• C) developing countries have a comparative advantage in manufacturing.
• D) developing countries have a potential comparative advantage in manufacturing.
• E) developing countries have no chance to compete with industrialized countries.

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Definitions:

Instrumental Conditioning

Another term for operant conditioning, a learning process in which behavior is modified by the reinforcing or punishing consequences that follow.

Operant Conditioning

is a learning process through which the strength of a behavior is modified by reinforcement or punishment.

Classical Conditioning

A conditioning method where two stimuli are consistently associated, leading to the response initially triggered by the second stimulus to be later triggered by the first stimulus independently.