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Infant industry argument - Wikipedia, the free encyclopedia
The infant industry argument is an economic reason for protectionism. The crux of the argument is that nascent industries often do not have the economies of scale that their older competitors from o...
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Infant industry - Wikipedia, the free encyclopedia
In economics, an infant industry is a new industry.
en.wikipedia.org/wiki/Infant_industry |
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infant industry argument - a definition in terms of economics and institutions - Argument that industries in the developing and emerging sectors of the economy need protection against international competition in order to establish themselves. ... 16th October 2009 ... Click on a ticker for more information...
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The infant industry argument relies upon the empirical claim that historically many countries industrialised behind tariff barriers. ... It's the state that to infant industry was imposing protection or was the latter one who request the state to do this to cope with the risk associate to produce and sell?
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InvestHub.com's; Finance Dictionary and Glossary of Investment Terms; Infant industry argument ... Definition 1. Argument that industries in the developing and emerging sectors of the economy need protection against international competition in order to establish themselves.
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By Mehdi Shafaeddin; Abstract: The purpose of this study is to clarify some confusion surrounding the infant industry argument presented by Frederick ... The infant industry argument is not only still valid, if properly applied, but, in fact, it is at present ever more relevant owing to recent technological revolution...
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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. These protections consist of tariff and non-tariff barriers to imports, preventing global competition from entering the market.
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