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______________ Is Often Hidden from Sight and More Difficult to Prove

question 52

Multiple Choice

______________ is often hidden from sight and more difficult to prove.


Definitions:

Infant Industry

A new or emerging industry that may require protection and support to grow against international competition.

Trade Protection

Economic policies and measures designed to restrict international trade to protect domestic industries from foreign competition.

Foreign Competition

Economic rivalry that businesses face from producers located in other countries.

Net Loss

The amount by which total expenses exceed total revenues for a business or individual, indicating a negative financial performance.

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