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They shield new industries in the early stages of their development from the competition of more mature rivals.

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Q: How do tariffs work to protect infant industries?
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Do some international trade theories work better than others for different industries?

yes some international trade theories work very well than other for different industries


What are effects of load shedding on industries?

Loss of production: where most industries use electricity for machinery, technology and light to complete the day’s work, loss of electrical power means that the day’s target cannot be completed. Loss of profit: with the loss of production, there is a loss of profit, and in some cases, a large loss. Industries cannot keep pay their employees to be present during a power outage as essentially they will be paying a ‘non-worker’.


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Medium and large scale industries help in developing and modernizing our agricultural sector by the following ways:- 1. It produces the agricultural tools like spade, trasher, hoe, etc. which help to make the agricultural work & production more effective & productive. 2. Chemical fertilizers, insecticides, pesticides for agriculture are produced industries. They protect the crops from disease & help to grow in better way. 3. They provides generators needed for irrigation in many places of Nepal.


Why IT's industries are still in boom inspite of the recession?

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Explain how the workplace issue of downsizing is related to the global economy?

As the baby-boom generation start to retire, there will be fewer experienced workers to work for the industries. This will then cause the industries to search for people with appropriate skills needed for the jobs. If the industries don't find the workers in time, there will be an effect on the business. This effect is, the people won't get what they need from the industry causing the industry to lose its business.

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Trade protectionism involves the use of measures like tariffs, quotas, and subsidies to protect domestic industries from foreign competition. These measures are intended to limit imports and boost domestic production by making foreign goods more expensive or less competitive. However, trade protectionism can also lead to trade wars, higher prices for consumers, and reduced economic efficiency.


What industries do most of Jordans people work?

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