If an infant industry truly has a good chance to become ...

[student77]

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

[essyface1]

Answer to Question 1

True

Answer to Question 2

True

[student77]

Thanks for the timely response, appreciate it

[Joy Chen]

Excellent