Top Posters
Since Sunday
82
a
50
14
10
G
9
I
8
m
8
7
m
7
K
7
6
b
6
New Topic  
CroweN6459 CroweN6459
wrote...
Posts: 367
2 months ago
According to the infant industry argument for trade protectionism:

▸ trade barriers must be used to protect domestic workers.

▸ new industries are capable of competing with established rivals.

▸ new industries need to be shielded from competition in the early stages of learning by doing.

▸ tariffs imposed to aid new industries should never be removed.
Textbook 

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
Read 102 times
2 Replies
Replies
Answer verified by a subject expert
eltoroeltoro
wrote...
Posts: 287
Rep: 9 0
2 months ago
Sign in or Sign up in seconds to unlock everything for free.
new industries need to be shielded from competition in the early stages of learning by doing.
1

Related Topics

wrote...
2 months ago
You make an excellent tutor!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers.
Learn More
Improve Grades
Help Others
Save Time
Accessible 24/7
  121 People Browsing
 111 Signed Up Today
Related Images
 548
 330
 42