Which of these is a typical limitation to the argument that infant industries should be protected?
A) The infant industry is often provided with incentives to develop into a mature, internationally viable firm.
B) Protection is usually limited to consumer goods.
C) Most industries are not viable on their own, so protecting these industries would be an efficient use of resources.
D) Protection is usually limited to capital manufacturing.
Correct Answer:
Verified
Q149: When nations specialize according to their comparative
Q150: Which statement concerning the infant industry argument
Q151: Even if country A has an absolute
Q152: (Figure: Market for Watches in Countries A
Q153: Suppose a tariff is imposed on avocados.
Q155: Which argument is one typically used in
Q156: When a tariff is imposed on a
Q157: A country has a comparative advantage in
Q158: USMCA has a provision that protects plants,
Q159: Derland is a modern economy with a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents