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 will never gain a comparative advantage.
B) The short run costs of protection are greater than the discounted future benefits from enabling the industry to survive.
C) There are no market failures that prevent private individuals from carrying out investments in industries that will become competitive in the future.
D) the government has accurate information about future comparative advantage at home and abroad, and it objectively acts on this information.