Multiple Choice
Which statement concerning the infant industry argument is NOT correct?
A) The management and workers in an infant industry may be too inexperienced to compete in world markets.
B) Infant industry protection tends to focus on labor-intensive industries.
C) Infant industry protection is difficult to remove after the industry has matured.
D) An infant industry is too underdeveloped to achieve comparative advantage.
Correct Answer:
Verified
Correct Answer:
Verified
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