what-is-a-potential-drawback-of-government-intervention-in-protecting-infant-ind

Question

What is a potential drawback of government intervention in protecting infant industries?

Accepted Answer

It may lead to inefficient allocation of resources by picking winners and losers.

Answer

It ensures that all industries receive equal protection and support.

Answer

It eliminates the need for industries to innovate and compete globally.

Answer

It guarantees long-term success for all protected industries.