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Which of these is an example of the infant industry argument? India gives government subsidies to the typewriter industry because worldwide demand for typewriters has
Which of these is an example of the infant industry argument? India gives government subsidies to the typewriter industry because worldwide demand for typewriters has decreased. The United States government provides subsidies to the footwear industry because shoes are less expensive to produce in many other countries. France gives government subsidies to the steel industry to protect the jobs of steelworkers. China gives government subsidies to the solar panel industry because it is a new industry and needs capital to thrive in the world market
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