If the Executives of the U

question 87

Multiple Choice

If the executives of the U.S.silicon-chip industry lobby Congress for protection from imports on the grounds that foreign producers are selling silicon chips in the United States below production costs, they are using the:

• A) environmental standards argument.
• B) retaliation against dumping argument.
• C) cheap foreign labor argument.
• D) national security argument.

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Definitions:

Education

The process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits through various means.

Irrigation Systems

Networks of tubes, pumps, and canals used to transport water to agricultural crops to enhance growth when rainfall is not sufficient.

Power Generators

Machines or devices that transform various forms of energy into electrical power.

Capital Formation

The process of building up the physical and financial assets of a country or region for the purpose of increasing its capacity for production.