_____ Is the Desire to Satisfy One's Own Needs and Concerns

question 90

Multiple Choice

_____ is the desire to satisfy one's own needs and concerns.

• A) Altruism
• B) Cooperativeness
• C) Accommodation
• D) Earnestness
• E) Assertiveness

---

Definitions:

Protective Tariffs

Import taxes imposed by a country on foreign goods to protect domestic industries from competition by making imported goods more expensive.

Comparative Advantage

The capacity of an entity to generate a product or service with a lesser opportunity cost compared to others.

Protectionist Argument

The rationale for implementing trade barriers, such as tariffs and quotas, to protect domestic industries from foreign competition.

Dumping

Selling goods in a foreign market at a price below the cost of production or below the price in the home market, often to gain market share.