4159EconomicsMedium
According to the ________ argument for protection, tariffs can shield new industries from import competition until they have grown strong and efficient enough to withstand the competition by foreign producers?
Abeggar they neighbor argument
Bscientific tariff argument
Cforeign dumping argument
Dinfant industry argument
Correct answer
D. infant industry argument
Explanation
The correct answer is infant industry argument.