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
Q121: A knowledge spillover is:
A)a negative externality.
B)a positive
Q122: Suppose that the U.S.imposes a countervailing duty
Q123: A monopolist's price is "less than fair
Q125: The U.S.International Trade Commission rejects many antidumping
And
Q127: To make a correct decision about limiting
Q128: Which of the following is a justification
Q141: A positive externality occurs whenever:
A) an increase
Q143: A knowledge spillover occurs when firms:
A) restrict
Q153: Which of the following unfair trade remedies
Q155: "Infant industry protection" refers to:
A) countries' use
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