Solved

Domestic Producers Require Time to Gain Experience and Lower Their

Question 52

Multiple Choice

Domestic producers require time to gain experience and lower their unit costs; this will allow these producers to compete successfully in international markets.This statement describes the ________ argument for protectionism.


A) diseconomies of scale
B) protecting national security
C) anti-dumping
D) infant industry

Correct Answer:

verifed

Verified

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

Related Questions