Which of the Following Statements Is True About Protection of an Infant

question 34

Multiple Choice

Which of the following statements is true about protection of an infant industry?

• A)Governments can impose temporary trade barriers on foreign imports to ensure that young firms gain a large share of the domestic market.
• B)Such protection is easy to remove.
• C)Protected companies become more efficient and produce products with lower prices.
• D)Protecting infant industries rarely allows countries to develop a modern industrial sector.

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