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The infant-industry argument for tariffs. a. Is recognized as wrong because it is present and...

The infant-industry argument for tariffs.
a. Is recognized as wrong because it is present and not future comparative advantages that should be considered
b. Is recognized as wrong because protections often extend beyond policy
c. Is recognized as theoretically sound if economies of scale is available
d. Says that industries should be protected in poor countries to provide for the welfare of infants there.?
In Economics
1 Answers Available
Asked by Borrison on 15th May, 2019
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WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
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WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709