Home » ‘Infant industry argument’ in international trade is given in support of Demand and Supply MCQs ‘Infant industry argument’ in international trade is given in support of September 27, 2022 9 Views Q. ‘Infant industry argument’ in international trade is given in support of: Granting ProtectionFree tradeEncouragement to export oriented small and tiny industriesNone of the above Answer: Granting Protection
The term ‘normal profit’ as used in the analysis of equilibrium of the firm under perfect competition, refers to