Which of the following is the national security argument against free trade?
A) A country must protect firms from dumping by foreign companies.
B) A country must protect new industries to give them a chance to mature before facing foreign competition.
C) A country must protect its consumers from foreign influences.
D) A country must protect industries that produce defense equipment and armaments.
E) A country must preserve its jobs.
D
You might also like to view...
One year, the government boosted regulated taxi fares in New York City by 15 percent with the expectation that the total revenue from taxi rides would also increase by 15 percent
The taxi commission that authorized this fare increase must have believed that the demand for taxi service was A) elastic, but not perfectly elastic. B) inelastic, but not perfectly inelastic. C) unit elastic. D) perfectly inelastic.
Assume the price of a movie is $10. Jenna demands 2 movies per week, Sam demands 3 movies per week, and Jordan demands 8 movies per week. From this information we can conclude that
A) the market quantity demanded at a price of $10 is at least 13 movies per week. B) Jordan is obviously more wealthy than either Sam or Jeanna. C) Sam is irrational compared to Jenna or Jordan. D) the movie industry is unprofitable.