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Arguments Against International Trade
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Arguments Against International Trade
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9. International Trade / Arguments Against International Trade / Problem 4
Problem 4
What is a potential downside of the government using the infant industry argument to protect new industries?
A
Protecting new industries guarantees their long-term success.
B
Government intervention always leads to increased competition.
C
The government may end up picking winners and losers, which is not its role.
D
New industries will always succeed without government intervention.
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