Industries That Cannot Compete with Foreign Competitors at This Point

question 23

Multiple Choice

Industries that cannot compete with foreign competitors at this point in time,but will be able to once they gain some size and experience describes

• A)industries that are essential if a country is to become an industrial nation.
• B)industries needed for national defense.
• C)The infant-industry argument for tariff protection
• D)industries that are subject to anti-dumping regulations.

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Definitions:

Openness

A trait that reflects a person's willingness to consider new ideas and experiences.

Cortisol

A steroid hormone produced by the adrenal gland, often released in response to stress.

Frontal Lobes

The part of the brain located at the front of each cerebral hemisphere, responsible for higher cognitive functions, decision-making, and control of voluntary muscles.

Severe Damage

Extensive harm or injury that significantly impairs function or structure.