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An Argument Against the Protection of an Infant Industry Is

Question 79

Multiple Choice

An argument against the protection of an infant industry is that:


A) in the long run the industry will have a competitive advantage.
B) firms need protection from imports until the required investment capital is obtained.
C) protection of emerging industries occurs only in developing nations.
D) there can be high costs from subsidizing infant industries.
E) Two of the above.

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