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Chako Chako
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8 years ago
The infant industry argument calls for active government involvement
A) only if the industry is independently able to earn high returns.
B) only if the industry is not one already dominated by industrial countries.
C) only if the government forecasts are accurate.
D) only if the industry has a high value added.
E) only if some market failure can be identified.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Good answer, thank you
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#3
7 years ago
Happy to help you!
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