The infant industry argument makes it easy to distinguish between industries that are worth protecting and those that are not.

Question

Quizplus · Accepted Answer

The infant industry argument is often used as a justification for protecting certain industries through trade barriers or subsidies, regardless of whether they are actually worth protecting in terms of long-term competitiveness or efficiency. Therefore, it does not necessarily make it easy to distinguish between deserving and undeserving industries.

The Infant Industry Argument Makes It Easy to Distinguish Between