The infant industry argument is based on the idea of

Name: The infant industry argument is based on the idea of
Brand: Quizplus
Rating: 4.7 (51 reviews)

Question

Quizplus · Accepted Answer

The infant industry argument is based on the idea of dynamic comparative advantage, which argues that a country may need to temporarily protect a new industry until it becomes competitive enough to survive against established international competitors. This protection may take the form of subsidies, tariffs, or other trade barriers.

The Infant Industry Argument Is Based on the Idea of