The Infant-Industry Argument About Tariffs Implies That

The infant-industry argument about tariffs implies that

A) it is unfair to levy tariffs on items intended for use by infants.
B) tariffs should be levied on foreign products that compete with new domestic industries only in the short run.
C) if a newly established domestic industry can survive in the short run, a tariff should be levied to protect it from foreign competition in the long run.
D) permanent tariffs should be levied on foreign products that compete with those produced by newly established domestic industries.

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free