Explain Why and Under What Conditions the Infant-Industry Argument for an Import

question 15

Essay

Explain why and under what conditions the infant-industry argument for an import tariff is valid.How must this argument be qualified?

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Definitions:

Type A

A behavior pattern characterized by competitiveness, urgency, aggression, and an heightened stress response.

Stressor

A stressor is any event or situation that triggers physical or psychological stress.

Environmental Event

An occurrence within the environment that can influence the behavior or psychological state of an individual or group.

Physical Tension

The state of being stretched tight or having muscles that are strained from stress or anxiety.