Solved

Which of the Following Statements Most Likely Undermines the Infant-Industry

Question 89

Multiple Choice

Which of the following statements most likely undermines the infant-industry argument?


A) Total unit costs decrease through economies of scale.
B) High tariffs to prevent foreign competition increase government revenues in the protected country.
C) Domestic entrepreneurs need assistance to compete in industries with high entry barriers.
D) Experience of operating over time triggers higher productivity and global competitiveness.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions