The Industry for Computers Has Just Started Growing in the Nation

The industry for computers has just started growing in the nation of Verdana, and there is potential for the industry to flourish in the near future. However, there is stiff competition from other foreign nations that provide computers to the domestic market. The government is considering imposing a tariff. Which of the following arguments justifies the government's decision to impose a tariff on the import of computers?

A) the antidumping argument
B) the infant industry argument
C) the jobs and income argument
D) the declining industries argument
E) the national defense argument

Correct Answer:

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