A Basic Flaw in the Infant-Industry Argument Is That

question 17

Multiple Choice

A basic flaw in the infant-industry argument is that

• A)most industries need protection when they are mature,not when they are first established.
• B)the amount of the tariff is unlikely to have much impact on the success of an infant industry.
• C)once a tariff is granted,political pressure will likely prevent the withdrawal of the tariff even when the industry matures.
• D)domestic consumers will continue to buy the foreign products anyway,regardless of the tariff.

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