The Key Industries Argument for Trade Restrictions Relies on the Notion

question 154

Multiple Choice

The key industries argument for trade restrictions relies on the notion that:

• A) economies of scale are easier to achieve in exporting industries.
• B) products with inelastic supply are the major source for job creation.
• C) some industries deserve protection because they provide positive spillover effects to the rest of the economy.
• D) war may disrupt trade flows.

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Definitions:

Md

A command issued from a command prompt that creates a directory (folder) or subdirectory.

Cd

An abbreviation for Cadmium, a chemical element, or Compact Disc, a digital optical data storage format.

Dir

A command in the command-line interface of various operating systems used to list the files and directories in a specific directory.

Proxy Server Configuration

The setup process involving specifying parameters that control the behavior of a proxy server to manage or direct traffic between users and the internet.