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According to the Protectionist Viewpoint, an Infant Industry Should Be

Question 88

Multiple Choice

According to the protectionist viewpoint, an infant industry should be sheltered from foreign competition because:


A) a nation's children are its most important resource.
B) failure to shelter these industries tends to lead to political instability.
C) all nations have traditionally sheltered all their infant industries from foreign competition.
D) competitive pressure from established foreign rivals could retard or destroy the industry's prospects for future growth.

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