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Which of the following statements most likely undermines the infant-industry argument?

castillo66

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Which of the following statements most likely undermines the infant-industry argument?

Which of the following statements most likely undermines the infant-industry argument?
A) Total unit costs decrease through economies of scale.
B) High tariffs to prevent foreign competition increase government revenues in the protected country.
C) Domestic entrepreneurs need assistance to compete in industries with high entry barriers.
D) Experience of operating over time triggers higher productivity and global competitiveness.

Textbook

International Business

International Business

Edition: 15^th

Authors: Daniels, Radebaugh, Sullivan

Read 55 times

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Windoz

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castillo66 Author

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7 years ago

Thanks for helping me with my business hw

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