The rationale for the infant-industry argument for trade protection is that ________.
🧠 Тематика вопроса:
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Варианты ответа:
- incubator centers in which business, government, and academia cooperate will develop entrepreneurial companies
- a country should give one firm in an industry a monopoly status so that it will grow large enough to be competitive internationally
- it takes time for an industry to become competitive in world markets, so protection is needed to help this industry pass through the critical period
- lower restrictions should be placed on products coming from countries where a government has a large sphere of political influence
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