Examlex
If given a chance to express their own opinions during a decision-making process,people will respond more positively to the decision.This illustrates
Infant Industries
Industries in their early stage of development, which may be protected by the government from international competition to allow them to grow.
Public Choice Theory
A framework analyzing the decision-making processes within political and public institutions, focusing on the roles of incentives and individual behaviors.
Trade Restrictions
Policies or regulations imposed by governments to limit or control international trade activities, often to protect domestic industries.
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