Why Is It Impossible That All Industries in a Developing

question 12

Multiple Choice

Why is it impossible that all industries in a developing country qualify as infant industries?

• A)You cannot have a comparative advantage in everything.
• B)You cannot have an absolute advantage in everything.
• C)This would violate international law.
• D)This would reduce the terms of trade.

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Definitions:

Conflict Levels

Conflict levels refer to the intensity or scale of disagreement or opposition present in a situation, ranging from mild disputes to severe confrontations.

ADR

Alternative Dispute Resolution, a range of processes that provide parties an alternative to litigation for resolving disputes.

Commitment

A pledge or promise to do something or adhere to a certain course of action.

Group Members

Individuals who are part of a collective or organization, sharing common interests, goals, or characteristics.