If an Established Domestic Industry Is in Jeopardy of Being

question 2

Multiple Choice

If an established domestic industry is in jeopardy of being displaced by lower-priced imports, there could be a rationale for

• A)permanent import restrictions to prevent the decline of the domestic industry
• B)temporary import restrictions to allow the orderly adjustment of the domestic industry
• C)permanent import restrictions based on the infant industry argument
• D)temporary import restrictions based on the infant industry argument
• E)temporary import restrictions that will be replaced by permanent tax breaks for the domestic industry

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Definitions:

Frequent Toothbrushing

The act of brushing teeth more often than usual, typically recommended to improve dental health and prevent oral diseases.

Convincing Arguments

Statements or reasons given with the aim of persuading others to accept a particular viewpoint.

Habit

A routine of behavior that is repeated regularly and tends to occur subconsciously.

Positive Transfer

The beneficial effect of previous learning on acquiring new skills or knowledge in a related area.