Answer:
The correct answer is infant industry.
Explanation:
The nascent industry argument is an economic justification for trade protectionism. The heart of the argument is that nascent industries often do not have the economies of scale that their older competitors in other countries can, and therefore need to be protected until they can achieve similar economies of scale. The argument was first fully articulated by Alexander Hamilton in his 1790 Report on Manufactures, was systematically developed by Daniel Raymond, and was later picked up by Friedrich List in his 1841 work on the National System of Political Economy, after his exposure to the idea during his residence in the United States in the 1820s.
Answer: net exports
Explanation:
Balance of payment simply shows the estimation of the inflows and outflow of a nation's money for a certain year. It should be noted that current account of the balance of payment consists of three main components which are the trade in Goods, the trade in services, and the transfer payments.
The trade in goods is segregated into imports and export. This therefore makes the net exports volatile and vital because it has higher share in a current account.
Answer:
The Finance/Administration Section is the General Staff member that negotiates and monitors contracts, maintains documentation for reimbursement, and oversees timekeeping for incident personnel.
Answer:fixed
Explanation: In the short run the rate at which some input being used are fixed and costs associated with these fixed inputs must be incurred regardless of the level of output produced. Other costs do different with the level of output produced by the firm during that period.