asked 211k views
0 votes
A downfall of the infant-industry argument is that

1 Answer

1 vote
A downfall of the infant-industry argument is that once established, a tariff is politically difficult to remove.
For new industries, it almost impossible for a new startup to compete against a well-established industry unless they have a unique differentiation in their product.
answered
User Kuzon
by
7.7k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.