I'm very confused with this question. I've tried finding info online but can't seem to find the right stuff. Any help with some information would be great. Also need help with some real world examples.

Acommon argument in favor of tariffs (taxes on imported goods) is that they protect domestic industry and that this is very important for newly developing industries. or infant industries. - What would Mercantilists say about tariffs that protect "infant industries"? Would they support them, why or why not? - Focusing EITHER on Smith's concept of division of labor OR Ricardo's concept of comparative advantage. what would the Classical economists say about tariffs that protect infant industries? Explain what a "Man of Systems" problem is as discussed by Adam Smith in The Theory of Moral Sentiments (i.e., who is the man of systems and what is his mistake). After explaining this concept. provide an example of a real-world policy, law, or regulation that suffers from this Man of Systems problem (one that w e did not discuss in class or in the lecture notes). Be sure to explain the intended goal of that policy. the incentives it created for individual actors. and the actual outcome of the policy