The Industrialization Argument for Trade Protection in Developing Countries Is

question 93

Multiple Choice

The industrialization argument for trade protection in developing countries is based on the assumption that ________.

• A)the protected industry will become competitive over time with economies of scale
• B)unemployment and underemployment exist in rural areas, so little agricultural output is lost as people move into industrial jobs
• C)subsidizing production is a better means of protection than limiting imports
• D)it is better to depend on buying agricultural surpluses from developed countries than to produce these agricultural goods

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Definitions:

Brain Regions

Distinct areas within the brain specialized for various functions, such as perception, emotions, reasoning, and motor skills.

Measure Of Retention

An assessment or method used to determine the amount of information or skills that have been remembered or held onto over time.

Recall

The cognitive process of retrieving information from memory without the aid of cues.

Pseudoforgetting

The phenomenon where information seems to be forgotten not because it wasn't retained but because it was never effectively encoded into memory in the first place.