What is the problem with the argument that infant industries need to be protected from foreign competition?

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Microeconomics

ISBN: 978-1292079578

Global Edition 1st Edition

Authors: David Laibson, John List

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Question Posted: Dec 15, 2015 07:52 AM

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What is the problem with the argument that infant industries need to be protected from foreign competition?

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Infant industry arguments rely on the idea that in industries with economies of scale or su...View the full answer

Microeconomics

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