Which of the Following Arguments for Trade Protection Is Based

question 29

Multiple Choice

Which of the following arguments for trade protection is based on the premise that a nation should have a wide enough range of domestic industries to be self-sufficient if necessary?

• A)the increased domestic employment argument
• B)the cheap foreign labor argument
• C)the diversification-for-stability argument
• D)the infant industry argument

---

Definitions:

Counteroffer

A counteroffer is a proposal made in response to an original offer, revising its terms and conditions.

Custom Paint

Specialized paint jobs for vehicles, buildings, or other items, tailored to the customer's specifications.

Enforce The Agreement

The act of compelling adherence to the terms of a contract or agreement, typically through legal measures.

Delivery Date

The specified day a product or service is to be provided or delivered to the customer.