The infant-industry argument is often criticized because
A) it is difficult to determine which industry merits protection.
B) it reduces government revenues in the short term.
C) it reduces the employment rate.
D) it reduces labor productivity in the short term.

Question

Quizplus · Accepted Answer

The infant-industry argument is often criticized because it is difficult to determine which industry deserves protection. It can be challenging to assess which industry has the potential for long-term success, and protecting unsuccessful industries could lead to a financial burden on the government and the economy.

The Infant-Industry Argument Is Often Criticized Because