The argument that a tariff has to be imposed in order to protect any industry just getting started until it gets large enough to be competitive internationally is the
A) start-up industry argument.
B) infant industry argument.
C) baby industry argument.
D) fledgling industry argument.

Question

Quizplus · Accepted Answer

The argument being described is known as the infant industry argument, stating that new industries need protection through tariffs until they can grow large enough to compete on the international market.

The Argument That a Tariff Has to Be Imposed in Order