Which of the following asserts that temporary protection from international competition is needed for a nascent industry that initially has high costs?
A)The developing government argument
B)The infant industry argument
C)The dying industry argument
D)The optimal tariff argument

Question

Quizplus · Accepted Answer

The infant industry argument asserts that temporary protection from international competition is needed for a nascent industry that initially has high costs, in order to enable it to become established and eventually become competitive in the global market.

Which of the Following Asserts That Temporary Protection from International