The proposition that protection is necessary to allow an infant industry to grow into a mature industry so that it can compete in world markets is the .

Question

Quizplus · Accepted Answer

The proposition described is the infant-industry argument, which argues that protectionist measures are necessary to protect emerging industries until they become competitive enough to survive in the global market. This argument is based on the idea that without protection, these industries would not be able to withstand competition from established industries in other countries.

The Proposition That Protection Is Necessary to Allow an Infant