Scenario: Not-So-Free Freeland
Freeland is a semi-closed economy whose government believes in protecting national identity and becoming a self-sustaining country. The government's priority is to protect local jobs and provide opportunities to Freeland's emerging industries to flourish without the threat of external competition.
-Protection of its emerging industries without an external competitive threat is an example of the ________ argument.

Question

Quizplus · Accepted Answer

The scenario describes Freeland's government prioritizing the protection of emerging industries without external competition. This is the main idea behind the infant industry argument, which suggests that new industries need protection from established competitors until they are strong enough to compete on their own. The other options (A, B, and D) do not directly align with the scenario described.

Scenario: Not-So-Free Freeland Freeland Is a Semi-Closed Economy Whose Government Believes in Protecting