Question

23. Which among the following arguments is valid for
protection?
A) Infant industry argument
B) Terms of trade argument
C) Balance of payment argument
D) All of the above
25. Which market structure symbolizes the existence
of Homogeneous products?
A) Oligopoly
B) Monopoly:
C) Monopolistic competition
D) Perfect competition
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Answer 1

23. answer is (D)

25. answer is (D)