INFANT INDUSTRY ARGUMENT - Argument that industries in the developing and emerging sectors of the econo... INFIRMITY - any known act or visible omission in detail during the creation or transfer of title that w...
Infant Industry Argument The view that "temporary protection" for a new industry or firm in a particular country through tariff and non-tariff barriers to imports can help it to become established and eventually competitive in world markets, ...
Infant industry argument The contention that tariffs should be imposed to protect from import competition an industry that is trying to get started. Presumably, after the industry becomes technologically efficient, the tariff can be lifted.
infant industry argument the view that a new industry may be encouraged by protectionist policies. (18) inferior good a good for which demand decreases when income rises and increases when income falls. (3) ...
Infant Industry Argument - The infant industry argument is a rationale for the 'temporary protection' of a new industry or firm in order to help it become established domestically and later become competitive worldwide.
Infant industry argument - The argument that new domestic industries with potential for economies of scale or learning by doing need to be protected from competition from established, ...
It may be motivated by the infant industry argument, or simply by the desire to mimic the industrial structure of advanced countries. Contrasts with export promotion. Import surcharge ...
One long-standing economic critique of free trade is the infant industry argument.
Group of assets dominated by at least one other portfolio under the mean variance rule. For example, if A has both lower return and higher volatility than B, we say A is dominated by B. Infant industry argument ...
See also: Infant industry, Banks, Barriers, Welfare, Substitution
 
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