Which of the Following Statements Is TRUE

question 25

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:

Research Evidence

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Management Development Programs

Structured training and educational initiatives designed to improve the skills, knowledge, and competencies of managers or potential managers within an organization.

Four Components

A broad term that could apply to various contexts, typically referring to the four essential parts or elements of a system, model, or theory.

Leadership Training

Programs or workshops focused on developing the skills necessary for effective leadership and management.