Which Is a Valid Counterargument to the Infant Industry Argument

question 237

Multiple Choice

Which is a valid counterargument to the infant industry argument for protective tariffs?

• A) Protective tariffs result in too many benefits for domestic firms that export goods and services.
• B) It is difficult to determine which infant industries will become mature industries with a comparative advantage.
• C) The objective would be better achieved through strategic trade policy.
• D) The objective would be better achieved by import quotas and nontariff barriers.

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