Below Is a Graph Illustrating the Market for Mustard Seeds

Multiple Choice

Below is a graph illustrating the market for mustard seeds in Rysen III.(Sd is domestic supply,and Dd is domestic demand. ) .The world price of mustard seeds is $100.

-What is meant by the strategic-industry argument?

A) It is good strategy for a country to impose tariffs on the importation of luxury products.
B) It is to a country's benefit to buy strategic products as cheaply as possible.
C) A country should protect its strategic industries from foreign competition.
D) A country should assist newer industries which are not yet mature enough to compete with foreign industries.