The Infant-Industry Argument for Tariff Protection Is That Tariffs Should

Multiple Choice

The infant-industry argument for tariff protection is that tariffs should be imposed to protect from competition those industries

A) that are essential if a country is to become an industrial nation.
B) needed for national defense.
C) that cannot compete with foreign competitors at this point in time, but will be able to once they gain some size and experience.
D) able to compete with foreign competitors at this point in time and are deemed essential by the government.