According to the infant industry argument for trade protectionism,

Question

Quizplus · Accepted Answer

The infant industry argument suggests that new industries need to be shielded from competition in the early stages of learning by doing. This protectionism would enable the domestic industry to mature and become competitive enough to sustain without government intervention. Trade barriers should be eliminated once the industry is experienced enough to compete with established rivals.

According to the Infant Industry Argument for Trade Protectionism