If the Executives of the U

question 37

Multiple Choice

If the executives of the U.S.silicon-chip industry lobby Congress for protection from imports on the grounds that foreign nations gain an unfair advantage in the silicon-chip market because they exploit their workers by paying low wages, they are using the:

• A) environmental standards argument.
• B) infant industry argument.
• C) cheap foreign labor argument.
• D) national security argument.

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Definitions:

Right Of Survivorship

A legal concept where property automatically transfers to the surviving co-owner(s) upon the death of another co-owner.

Civil Suit

A legal proceeding in which one party seeks to hold another party liable for a wrong done, usually resolved with compensation rather than criminal sanctions.

Uniform Simultaneous Death Act

A legal statute used to determine inheritance when two or more people die at the same time or under circumstances where the order of death is unclear.

Simultaneous Deaths

A legal concept usually applied in inheritance law, where two or more people die at the same time or under circumstances where it's not possible to determine the order of deaths, affecting the distribution of their estates.