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

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