Thursday, September 19, 2013

3 infant industry convince investor to invest

a)    To allow the “weak nation” to have developmental time to build up  its infrastructure to compete in the global market

b)    Have the comparative advantage

c)    Government policies to build up its own industry base

d)    To give the nation time to build up its own efficiency in the market  place

e)    May incur the higher cost due to inefficiency while the development is going on



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