Homework Clinic

Social Science Clinic => Economics => Microeconomics => Topic started by: karen on Jul 21, 2019

Title: According to the infant industry argument for trade protectionism:
Post by: karen on Jul 21, 2019

According to the infant industry argument for trade protectionism:
◦ trade barriers must be used to protect domestic workers.
◦ new industries are capable of competing with established rivals.
◦ new industries need to be shielded from competition in the early stages of learning by doing.
◦ tariffs imposed to aid new industries should never be removed.

Title: According to the infant industry argument for trade protectionism:
Post by: wtf444 on Jul 21, 2019

new industries need to be shielded from competition in the early stages of learning by doing.

Title: According to the infant industry argument for trade protectionism:
Post by: karen on Jul 21, 2019

Excellent

Title: According to the infant industry argument for trade protectionism:
Post by: wtf444 on Jul 21, 2019

Great! Please up vote :D