Protection of a new industry until it becomes strong enough to compete is called
A) the national defense argument.
B) the government indirect tax argument.
C) the leveling-the-playing-field argument.
D) the infant-industry argument.

Question

Quizplus · Accepted Answer

The protection of a new industry until it becomes strong enough to compete is referred to as the infant-industry argument. This involves implementing trade policies such as trade barriers or subsidies to help support the growth and development of an industry in its early stages.

Protection of a New Industry Until It Becomes Strong Enough