Alexander Hamilton argued for strong controls on imports to protect early American industries from competition from more established English industries.This is an example of the ______ argument for trade restriction.

Question

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Alexander Hamilton's argument for strong controls on imports to protect early American industries from competition from more established English industries falls under the concept of the "infant industry" argument for trade restriction. This argument suggests that new industries need protection and support in their early stages in order to develop and become competitive in the long run.

Alexander Hamilton Argued for Strong Controls on Imports to Protect