Multiple Choice
The idea that tariffs should be imposed to protect new and developing industries is referred to as
A) the start-up argument.
B) the infant industry argument.
C) the incubator business theory.
D) the new markets theory.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q172: A country will specialize in the good
Q173: Consider the opportunity costs of producing goods
Q174: The North American Free Trade Agreement and
Q175: Dumping typically occurs as long as the
Q176: Assume that U.S. producers can manufacture cookies
Q178: Which of the following would increase the
Q179: Discuss the relationship between world trade and
Q180: Which of the following is NOT a
Q181: The infant-industry argument for tariff protection is
Q182: The principle of comparative advantage essentially states