The argument that with initial protection an industry will eventually become competitive is called the
A) national security argument.
B) strategic bargaining argument.
C) the trade adjustment assistance argument.
D) infant industry argument.
Answer: D
Economics
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If supply increases, the equilibrium price will rise and the equilibrium quantity will fall
a. True b. False Indicate whether the statement is true or false
Economics
Students in a class are assigned to groups to work on a project. A grade will be given for each project, and everyone in the group will receive that grade. For the members of a particular group, the grade is a
a. beneficial externality. b. public good. c. detrimental externality. d. moral hazard.
Economics