Unlike the infant-industry argument, the industrialization argument for trade protection ________
A) requires independence from other countries
B) stresses labor-intensive production methods despite high costs
C) emphasizes use of locally available raw materials for manufacturing inputs
D) presumes that economic growth will occur even if domestic manufactured prices are not globally competitive
D
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Which of the following is true of channel conflict?
a. It always has a negative effect on the members of a channel. b. It is often caused by an unwillingness of traditional channel members to keep up with the changing times. c. It mixes elements of cooperation and competition between two partners who work together on the same initiative. d. It does not occur when multiple distribution channels are used.
Which of the following partners of a limited liability partnership (LLP) may avoid personal liability when a partner commits a negligent act?
A. All the partners. B. The supervisor of the negligent partner. C. All the partners other than the negligent partner. D. All the partners other than the negligent partner and his or her supervisor.