Which of the Following Statements Is TRUE

question 70

Multiple Choice

Which of the following statements is TRUE?

• A) The infant-industry argument is valid only if the benefits of learning-by-doing in the infant industry spill over to other parts of the economy.
• B) A subsidy to an infant industry is a more efficient way to protect it from foreign competition than a tariff on the competing foreign goods.
• C) Both statements are true.
• D) Neither of the statements is true.

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Definitions:

Salespeople

Professionals who are responsible for selling a company's products or services to customers.

Sales Process

A sequence of steps or stages that a sales team follows to move a potential buyer from initial contact to closing a sale.

Sales Manager

A professional responsible for directing and overseeing a team of salespeople, setting sales goals, and developing strategies to achieve sales objectives.

Recruiting

The process of finding, attracting, and hiring capable candidates for a specific position or job within an organization.