Infant industry protection" refers to:
a. countries' use of protection (tariffs and quotas) to protect their domestic manufacturing activities.
b. countries' use of protection to protect their export activities.
c. countries' use of short-term protection to protect young industries while they mature.
d. countries' use of short-term protection to protect their agricultural activities.
Answer: c. countries' use of short-term protection to protect young industries while they mature.
Economics
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