Which of the Following Arguments Is Used to Justify Tariff

question 58

Multiple Choice

Which of the following arguments is used to justify tariff protection?

• A) It increases international competition.
• B) It allows more goods and services in the country.
• C) It protects industries needed for comparative advantage.
• D) It protects key industries needed for national security.

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Definitions:

Ozone

A molecule made of three oxygen atoms, O3, forming a layer in the Earth's stratosphere that protects life by absorbing most of the sun's harmful ultraviolet radiation.

Resonance Structures

Representations of a molecule showing different configurations of electron pairs, to depict delocalization of electrons within the molecule.

Nitrite Ion

A polyatomic ion with the molecular formula NO2-, derived from nitrous acid.

Methane

A colorless, odorless flammable gas that is the simplest alkane, used as a fuel and in chemical synthesis, with the chemical formula CH4.