The Rationale for the Infant-Industry Argument for Trade Protection Is

Multiple Choice

The rationale for the infant-industry argument for trade protection is that ________.

A) incubator centers in which business, government, and academia cooperate will develop entrepreneurial companies
B) a country should give one firm in an industry a monopoly status so that it will grow large enough to be competitive internationally
C) it takes time for an industry to become competitive in world markets, so protection is needed to help this industry pass through the critical period
D) lower restrictions should be placed on products coming from countries where a government has a large sphere of political influence