Question

A case might be made for temporary protection of markets with excess productive capacity or excess labor when such protection could facilitate an orderly transition.

A) True
B) False
C) Depends on the situation
D) Not addressed in the passage

Answer 1

Temporary protection of markets with excess productive capacity or excess labor can be justified to facilitate a smooth transition. Statement is True(A)

Step-by-step explanation:

The statement, 'A case might be made for temporary protection of markets with excess productive capacity or excess labor when such protection could facilitate an orderly transition,' is True. Temporary protection of markets with excess productive capacity or excess labor can be justified in certain situations to enable a smooth transition. This means that short-term market protection measures can sometimes be beneficial when they help industries or labor markets adapt to changes and eventually compete in the global market.