The Argument That a Tariff Has to Be Imposed in Order

question 61

Multiple Choice

The argument that a tariff has to be imposed in order to protect any industry just getting started until it gets large enough to be competitive internationally is the

• A) start-up industry argument.
• B) infant industry argument.
• C) baby industry argument.
• D) fledgling industry argument.

---

Definitions:

Key Executive

A high-ranking individual in a company who has significant responsibility for managing an essential part of the business.

Operating Performance

An analysis of a company's efficiency and effectiveness in managing its resources and operations, often assessed through metrics like return on investment, profit margins, and productivity levels.

Maritime Life Insurance

Insurance products specifically tailored to cover the risks associated with maritime activities, including loss of life, injury, or illness of persons working at sea.

Top Position

Refers to the highest-ranking roles within an organization, typically involving leadership and strategic decision-making responsibilities.