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The infant industry argument for protection in developing countries recognizes the needs to employ tariffs…

The infant industry argument for protection in developing countries recognizes the needs to employ tariffs to protect
  • A.
    Industries producing baby food and clothing
  • B.
    Industries owned by infants
  • C.
    Newly set-up industries
  • D.
    Industries in which infants will be taken care of
  • E.
    Industries that behave like infants
Correct Answer: Option C
Explanation