What does Infant Industry Argument mean?
A justification for trade protectionism, claiming that emerging domestic industries need protection until they become competitive enough to face international rivals.
The infant industry argument is a justification for protectionism, claiming new domestic industries need protection from international competitors until they mature.
Infant Industry Argument in German, French, Spanish and Italian
GermanErziehungszollargument
also Argument der jungen Industrie
Theorie, dass junge Industrien durch Zölle geschützt werden müssen.
FrenchArgument de l'industrie naissante
Théorie justifiant le protectionnisme pour les industries naissantes.
SpanishArgumento de la industria naciente
Justificación del proteccionismo para industrias locales en desarrollo.
ItalianArgomento dell'industria nascente
Tesi che giustifica il protezionismo per favorire lo sviluppo industriale nazionale.
Synonyms and opposites for Infant Industry Argument
- Synonym Protectionist theory
- Opposite Free trade