In practice, it has proven to be extraordinarily difficult for governments to pick the right infant industries to protect.

Name: In practice, it has proven to be extraordinarily difficult for governments to pick the right infant industries to protect.
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Question

Quizplus · Accepted Answer

Governments have struggled to accurately predict which industries will succeed in the long term, and their attempts to protect certain industries can often lead to market distortions and inefficiencies.

In Practice, It Has Proven to Be Extraordinarily Difficult for Governments