The Table Below Shows the Quantity Demanded (In Thousands) and Quantity

question 14

Multiple Choice

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-The infant industry argument is that:

• A)those industries that produce products for infants should be protected.
• B)developing industries should be allowed to face foreign competition.
• C)protectionism should be used to create a level playing field for the domestic firms to compete with foreign firms.
• D)protectionism promotes complete specialization in the country on the basis of comparative advantage.
• E)new industries should be protected from foreign competition until they have had adequate time to develop.

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Definitions:

Learning Disabilities

Refers to a variety of disorders that affect the acquisition, retention, understanding, or use of verbal or non-verbal information.

Social Class

A division of a society based on social and economic status.

Job Requirements

Specifications and skills required for a specific position or occupation.

Hegemonic Domain

The dominance of a particular social group or ideology over others, influencing cultural and societal norms and values.