Ask Question
3 May, 02:08

What four main groups of arguments do nations use to justify protection for particular industries?

+5
Answers (1)
  1. 3 May, 02:12
    0
    Infant Industry Argument - to protect developing domestic markets from foreign competitors Industry Diversification Argument - to prevent over reliance on one country or natural resource Anti-Dumping Argument - to prevent another country from drastically lower the cost temporarily as a means to drown out domestic competition. Pauper Labor Argument - To prevent countries with cheap labor from competing with domestic competitors
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What four main groups of arguments do nations use to justify protection for particular industries? ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers