menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Today
  4. Exam
    Exam 16: Comparative Advantage and the Open Economy
  5. Question
    A New Industry Develops and We Want to Protect It
Solved

A New Industry Develops and We Want to Protect It

Question 2

Question 2

Multiple Choice

A new industry develops and we want to protect it from foreign competition.Which one of the following arguments would appropriately describe this Type of protection?


A) national security
B) cartelization
C) infant industry
D) protecting Canadian jobs

Correct Answer:

verifed

Verified

Related Questions

Q1: That each individual should engage in economic

Q5: Suppose Mexico has a comparative advantage relative

Q6: Given two economic systems,A and B,if economy

Q7: The free trade agreement between the United

Q8: Suppose the United States and Japan are

Q9: If protective import-restricting tariffs are imposed by

Q11: In France 1 unit of labour can

Q76: In the long run, imports will most

Q99: The General Agreement on Tariffs and Trade

Q120: For the infant-industry argument for tariffs to

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines