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The main problem with using the infant industries argument to justify protecting an industry from foreign competition is that:
K. Warner Schaie
An American psychologist best known for his research on adult development and aging, particularly cognitive changes over the lifespan.
Cognitive Declines
The deterioration of cognitive abilities such as memory, attention, and problem-solving skills, often associated with aging.
Longitudinal Study
A research method that involves observing the same subjects over a period of time, often years or even decades, to track changes or development.
Selective Optimization
A strategy focusing on maximizing performance in key areas through the selection of specific tasks, optimization of resources, and compensation for declines in other domains.
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