A new entry into an industry sector that is mature in other states and, therefore, is often protected by its government is a(n):

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Astart-up firm

Bventure capital firm

Cservice industry

Dinfant industry

Correct answer

D. infant industry

Explanation

The correct answer is infant industry.

A new entry into an industry sector that is mature in other states and, therefore, is often protected by its government is a(n): - Answer and Explanation | Academy of Pakistan