Author Question: The SoundBoy was a portable radio targeted toward children in the 1970s. It came in different colors ... (Read 47 times)

nelaaney · **on:** Jun 29, 2018

The SoundBoy was a portable radio targeted toward children in the 1970s. It came in different colors and shapes and was one of the most popular products in its time. Portable radios have slowly been replaced by smartphones, tablets and other gadgets. From the above scenario, it can be stated that the SoundBoy is currently in the _____ stage of the product life cycle.
A) growth
B) decline
C) introduction
D) contagion
E) maturity

Question 2

Which arguments are most often advanced to justify the imposition of tariff and nontariff trade barriers?

TINA · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

The following arguments are most often advanced to justify the imposition of tariff and nontariff trade barriers: protection of markets with excess productive capacity, employment protection and protection of markets with excess labor, infant industry arguments and the industrialization of developing countries, natural resource conservation and protection of the environment, protection of consumers, and national defense interests.