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.

Ans: c. industries that can currently withstand foreign competition in the domestic market but are expected to mature into export industries.

Economics

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A fiscal policy is considered sustainable when the debt-to-GDP ratio is ________, and it is considered unsustainable when the debt-to-GDP ratio is ________

A) constant; increasing or decreasing B) constant or decreasing; increasing C) decreasing; constant or increasing D) constant or increasing; decreasing

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One criticism of IMF conditionality is that it is not sufficiently contractionary

Indicate whether the statement is true or false

Economics