Which argument was formulated as a rationale for protecting emerging domestic industries from foreign competition?

Question

Quizplus · Accepted Answer

The infant industry argument suggests that government protection is necessary for industries that are still in their early stages of development and are not yet able to compete with established industries in other countries. The rationale is that temporary protection will allow the industry to grow and become competitive in the long run, which will benefit the economy as a whole.

Which Argument Was Formulated as a Rationale for Protecting Emerging