Infant industries are:
A) manufacturing activities that make baby products.
B) industries that cannot currently withstand foreign competition but are expected to grow and mature so that they can compete internationally.
C) industries that can currently withstand foreign competition in the domestic market but are expected to mature into export industries.
D) industries that cannot currently withstand foreign competition in either the domestic or the export market but are expected to mature into multinational firms.
Correct Answer:
Verified
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