The argument that it is necessary to protect a new industry to enable it to grow into a mature industry that can compete in world markets is known as the
A) infant-industry argument.
B) diversity argument.
C) national youth protection argument.
D) national security argument.
E) environmental protection argument.
Correct Answer:
Verified
Q60: Q61: Q62: Trade is often restricted because the Q63: Most t-shirts bought by Americans are made Q64: When a tariff is imposed on a Q66: If a tariff is imposed on imports Q67: When a nation exports a good or Q68: What is the infant-industry argument for protection Q69: Suppose the world price of a shirt Q70: Since the mid-1970s, the average U.S. tariff
A)gain per
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