A government assists firms in certain industries so that rival foreign firms will not prevent them from growing into sustainable businesses. Which argument is being advocated? a. infant industry b. free trade c. national security d. consumer protection

A government assists firms in certain industries so that rival foreign firms will not prevent them from growing into sustainable businesses. Which argument is being advocated? a. infant industry b. free trade c. national security d. consumer protection

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter19: Economic Growth In Developing Nations

Section19.2: The Process Of Economic Development

Problem 4R

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Question

A government assists firms in certain industries so that rival foreign firms will not prevent them from growing into sustainable businesses. Which argument is being advocated?

a. infant industry

b. free trade

c. national security

d. consumer protection

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