One of the Reasons That the Infant Industry Argument Against

question 48

Multiple Choice

One of the reasons that the infant industry argument against free trade is flawed is that:

• A) protection is always eliminated too quickly.
• B) infant industry protections tend to support only labor-intensive industries.
• C) protections are difficult to remove even after the industry has matured.
• D) infants should be protected by their parents and government should not get involved.

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Definitions:

Takt Time

Pace of production to meet customer demands.

Automated Storage and Retrieval System

A technology-based system comprising software and mechanical components designed to precisely store and retrieve materials, increasing warehouse efficiency and accuracy.

Load-distance Problem

A logistic problem that seeks to minimize the distance that loads must be moved in a facility layout.