Among the Criteria That the Infant Industry Argument for Temporary

Multiple Choice

Among the criteria that the infant industry argument for temporary protection must meet are:

A) The industry to be protected eventually becomes competitive and gains a comparative advantage.
B) The short run costs of protection are less than the discounted future benefits from enabling the industry to survive.
C) There is some market failure that prevents private individuals from carrying out investments in industries that will become competitive in the future.
D) All of the above.
E) None of the above.