The "Infant Industry" Argument for Tariffs Is Criticized

question 122

Multiple Choice

The "infant industry" argument for tariffs is criticized:

• A)because it is difficult to determine which industries merit protection.
• B)because direct subsidies are probably a better means of stimulating such industries.
• C)because the tariffs may remain after the industry reaches maturity.
• D)for all of the above reasons.

---

Definitions:

Communications Strategy

A plan that outlines how to effectively convey key messages and information to targeted audiences through various channels and methods.

Impacting Lives

Making a significant positive difference in the daily realities and futures of individuals and communities through actions, services, or initiatives.

Universities

Higher education institutions focused on teaching, research, and scholarship, offering a range of undergraduate, graduate, and doctoral programs.

Communication Tool

Any device, platform, or method used to transmit information from one entity to another.