Which of the following is a major reason why many economists remain critical of the infant industry argument?
A. It makes the domestic industry inefficient.
B. It does not provide guaranteed employment for the citizens.
C. It affects the standards of living and per capita income of the people.
D. It promotes foreign direct investment.
E. It leads to reduced prices in domestic markets.
A
Business
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New products falling under this category are also called as new-to-the-company products
A) classically innovative products B) new category entries C) line extensions D) improved products
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Which of the following services cannot be exported?
A) insurance services B) education C) pure services D) construction
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