Which of the following is a pitfall for using infant industry arguments for government protectionism of free trade?
A) It is not always easy to accurately predict the industry that is most likely to succeed in the future
B) Finding the right timing to remove the protection is difficult
C) All of the above
D) None of the above

Question

Quizplus · Accepted Answer

Both A and B are valid pitfalls for using infant industry arguments for government protectionism of free trade. It is difficult to accurately predict which industry will succeed in the future and finding the right timing to remove the protection can be challenging. Therefore, both options are correct and the best answer is C.

Which of the Following Is a Pitfall for Using Infant