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Author Question: Economists believe the most persuasive argument for protectionism is to protect infant industries. ... (Read 118 times)

theo

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on: Oct 7, 2019

Economists believe the most persuasive argument for protectionism is to protect infant industries. But the argument has a drawback. What is this drawback?


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Governments usually use tariffs, rather than quotas, to protect infant industries in order to collect tariff revenue. (Quotas do not result in government revenue).


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Governments always make the level of protection for infant industries too high.


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Protection lessens the need for firms to become productive enough to compete with foreign firms; this often results in infant industries never "growing up."


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Governments are usually too impatient and do not allow protection to remain in place long enough to allow industries to be competitive in international markets.

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Marked as best answer by theo on Oct 7, 2019

kristenb95

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Reply #1 on: Oct 7, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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theo

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Reply 2 on: Oct 7, 2019
Great answer, keep it coming :)

atrochim

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Reply 3 on: Yesterday
Excellent

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