What Is the Infant-Industry Argument for Protection from International Trade

question 132

Multiple Choice

What is the infant-industry argument for protection from international trade?

• A) Domestic firms must be protected until they gain a comparative advantage.
• B) Any firm necessary in wartime must be protected.
• C) Foreign producers selling below cost to drive domestic firms bankrupt must be stopped.
• D) Domestic jobs must be protected from competition from low-paid foreign workers.
• E) Foreigners selling products in the economy limit the nation's diversity and stability.

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Definitions:

Adult Height

Refers to the final height an individual achieves after completing the growth phase of their development.

18 Months

A period of life that is one and a half years after birth, a critical stage in a child's development.

Failure To Thrive

A condition seen in infants and children characterized by insufficient weight gain or inappropriate weight loss, not meeting expected standards of growth.

Feeding Problems

Issues related to eating, such as difficulty swallowing, picky eating, or not eating enough, often observed in infants and young children.