The infant-industry argument is used by those who assert they want to
A) limit imports to protect new industries.
B) limit exports.
C) encourage foreign firms to dump in Australia.
D) increase exports to encourage the growth of new industries.
E) increase imports to earn money to support new industries.
Correct Answer:
Verified
Q40: Who gains from international trade?
A) Only the
Q41: Which of the following is an argument
Q42: What is the dumping argument for protection
Q43: What is the infant-industry argument for protection
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