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Which of the Following Statements Is TRUE About Protection of an Infant

Question 82

Multiple Choice

Which of the following statements is TRUE about protection of an infant industry?


A) Governments can impose temporary trade barriers on foreign imports to ensure that young firms gain a large share of the domestic market.
B) Such protection is easy to remove.
C) Protected companies become more efficient and produce products with lower prices.
D) Protecting infant industries rarely allows countries to develop a modern industrial sector.

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