Definition of Infant Industry Argument

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TeachMeFinance.com - explain Infant Industry Argument



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, in which case the protective measures will no longer be needed.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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