If Canada follows a policy of free trade,which is especially apparent for sugar and textiles,in which all restrictions on international trade have been removed,we would expect the Canadian textile industry to be protected by the infant industry argument.

Question

Quizplus · Accepted Answer

The infant industry argument is based on the idea that new domestic industries need protection from foreign competition until they become established. However, if Canada has already removed all restrictions on international trade for textiles, then there is no protection for the domestic textile industry under this argument. Therefore, we would not expect the Canadian textile industry to be protected by the infant industry argument.

If Canada Follows a Policy of Free Trade,which Is Especially