Which of the following is a typical limitation in how an infant industry is protected?
A) The infant industry is often provided with incentives to develop into a mature,internationally viable firm.
B) Protection is usually limited to consumer goods.
C) Most industries are not viable on their own,so protecting these industries would be an efficient use of resources.
D) Protection is usually limited to capital manufacturing.
Correct Answer:
Verified
Q111: When nations specialize according to comparative advantage
Q135: If the steel industry argues for tariff
Q137: What industry is typically believed to be
Q138: One reason a firm might dump its
Q139: One rationale used for tariff protection involves
Q144: If a tariff on steel is imposed:
A)
Q152: If the infant industry argument is used
Q161: Environmental protection is an income-elastic good. This
Q172: Bhagwati and Hudec argue that globalization is
Q194: A country that does not trade at
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents