Multiple Choice
During a stormy meeting of computer software firms, several company presidents said that without tariff cushions, many of them would go broke. They represent a new industry that needs protection until their firms grow to a size that will allow them to be competitive. Their comments are based on the
A) infant-industry argument.
B) goal of equalizing the nation's balance of payments.
C) national self-sufficiency argument.
D) goal of protecting the health of citizens.
E) goals of retaliating for another nation's trade restrictions.
Correct Answer:

Verified
Correct Answer:
Verified
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