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castillo66 castillo66
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7 years ago
Which of the following is a problem with the infant-industry argument for protection?
A) Most developed countries increasingly have a larger portion of retirees than youth.
B) Consumer groups become very active in protesting the higher prices that result during infancy.
C) Other countries retaliate by limiting exports of technology needed by the infant industry producers.
D) If the industry does not lower costs sufficiently to be competitive, it becomes a formidable pressure group for continued protection.
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International Business

International Business


Edition: 15th
Authors:
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KitechiKitechi
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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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