If the executives of the Canadian silicon chip industry ask the federal government for protection from imports on the grounds that theirs is a new industry that needs time to develop technological efficiency,they are using the _____ argument.

Question

Quizplus · Accepted Answer

The argument being used by the Canadian silicon chip industry executives is the infant industry argument, which asserts that a new industry needs temporary protection from imports to gain a foothold in the domestic market and develop technological efficiency.

If the Executives of the Canadian Silicon Chip Industry Ask