Title: The infant-industry argument is often criticized because Post by: rsbains on Mar 2, 2019 Question 1. The idea that tariffs should be imposed to protect new and developing industries is referred to as• the new markets theory. • the start-up argument. • the infant industry argument. • the incubator business theory. Question 2. The infant-industry argument is often criticized because• it is difficult to determine which industry merits protection. • it reduces labor productivity in the short term. • it reduces the employment rate. • it reduces government revenues in the short term. Title: The infant-industry argument is often criticized because Post by: Guest on Mar 2, 2019 Content hidden
Title: The infant-industry argument is often criticized because Post by: rsbains on Mar 2, 2019 Thanks
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