what-is-a-criticism-of-the-infant-industry-argument-regarding-government-interve

Question

What is a criticism of the infant industry argument regarding government intervention?

Accepted Answer

It may lead to protection of industries that are not viable in the long term.

Answer

It ensures that all new industries become globally competitive.

Answer

It eliminates the need for industries to adapt to market changes.

Answer

It guarantees increased employment in protected industries.