The argument that tariffs should be imposed when a foreign government provides financial assistance to its producers is
A. a national defense concern.
B. dumping.
C. the infant industry argument.
D. to counter foreign subsidies.
Answer: D
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Which of the following is an example of money?
A) currency inside the banks B) currency in your wallet C) credit card used as a payment for a good or service D) a debit card E) checks written as payment for a good or service
In the figure above, the shift from DLF1 to DLF2 could result from
A) an increase in a government budget surplus. B) the economy entering a recession. C) the economy entering a strong expansion. D) an increase in the nominal interest rate. E) a decrease in the real interest rate.
The conviction that the poor are shunning job vacancies is lessening over time
Indicate whether the statement is true or false
When does an insurance contract benefit both the parties?