Solved

What Is the Infant-Industry Argument for Protection from International Trade

Question 68

Multiple Choice

What is the infant-industry argument for protection from international trade?


A) Foreigners selling products in the economy limit the nation's diversity and stability.
B) Domestic firms must be protected until they gain a comparative advantage.
C) Domestic jobs must be protected from competition from low-paid foreign workers.
D) Any firm necessary in wartime must be protected.
E) Foreign producers selling below cost to drive domestic firms bankrupt must be stopped.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents