Another name for market risk is:

A defect in manufacture occurs when the manufacturer fails to warn customers about the dangerous propensities of its products

Indicate whether the statement is true or false

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