Author Question: If an infant industry truly has a good chance to become competitive and produce profitably once it ... (Read 61 times)

student77 · **on:** Jun 30, 2018

If an infant industry truly has a good chance to become competitive and produce profitably once it is well established, it is not at all clear that government should even offer protection to reduce short-run losses.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Protecting infant industries from foreign competition may make sense, but only until the industry matures.
a. True
b. False
Indicate whether the statement is true or false