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
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According to the Bureau of Labor Statistics, most U.S. adults are either
A) employed or unemployed. B) employed or not in the labor force. C) unemployed or not in the labor force. D) unemployed or underemployed.
From the beginning of the Great Recession in December 2007 until September 2013, the average duration of unemployment in the United States averaged
A) 13.5 weeks. B) 22 weeks. C) 31.3 weeks. D) 41 weeks.
A tariff shifts the ___________ curve to the ___________.
A. demand; right B. demand; left C. supply; right D. supply; left
Discuss and explain what is meant by the "state of technology."
What will be an ideal response?