The infant industry argument for protection is rejected by most economists because:
A. historical experience supports it.
B. they oppose any government intervention.
C. protection usually is provided only temporarily.
D. many infant industries become reliant on protection and do not mature.
Answer: D
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Signals are believable when the cost of sending a
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List the characteristics of a monopolistically competitive market
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For complements, cross price elasticity of demand is:
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