If Supporters of Restrictions on Imports Argue That Protection Is

question 55

Multiple Choice

If supporters of restrictions on imports argue that protection is needed to preserve a strategic industry,which of the following is being used?

• A) Save domestic jobs argument
• B) National security argument
• C) Dumping argument
• D) Infant-industry argument
• E) Protecting national culture argument

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Definitions:

Proved Reserves

Quantities of natural resources like oil or gas that geological and engineering information indicates with reasonable certainty can be recovered in the future from known reservoirs under existing economic and operational conditions.

Fluctuated

Describes variations or changes in level, strength, or value over a period of time.

Proved Reserves

Quantities of natural resources, like oil or gas, that geological and engineering information indicates with reasonable certainty can be recovered under existing economic and operating conditions.

Natural Gas

A fossil fuel composed mainly of methane, used as an energy source for heating, cooking, and electricity generation.