Infant industries can be described as
...Infant industries can be described as
Newly established industries
Industries enjoying tax holidays
Industries producing baby products
Newly commercialized industries
Correct answer is A
In economics, an infant industry is a new industry, which in its early stages experiences relative difficulty or is absolutely incapable in competing with established competitors abroad.
Which of the following is not regarded as money in Economics? ...
A surplus in the balance of payment should be used to ...
The major contribution of OPEC to the Nigerian economy is the ...
Which of the following is NOT an objective of Economic planning? ...
The upward slope of the supply curve indicates that ...
Another name for the International Banks for Reconstruction and Development (IBRD) is ...
The percentage contribution of the transport sector is: ...
A negative effect of the presence of a large number of middlemen in the distributive network is ...
Comparison of interpersonal utility is impossible because ...