The imperfect capital market justification for infant industry promotion
A) assumes that new industries will tend to have low profits.
B) assumes that infant industries will soon mature.
C) assumes that infant industries will be in products of comparative advantage.
D) assumes that banks can allocate resources efficiently.
E) assumes that developing country will reward the donor country.
Correct Answer:
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Q8: Q9: China's recent experience supports the proposition that Q10: The consensus today is that import-substitution protectionist Q11: Q12: Growth rates in Brazil and other Latin Q14: Which of the following could explain why Q15: It is argued that import substitution is Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
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