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Difficulties with the infant industry argument

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The U.S. is probably the most open international market among the industrialized countries. What then does the U.S. have to gain by joining the WTO?

Infant industry protection" is a key solution for the growth of industrialization of developing countries. Discuss tariff process used, bases for financial charge, and allocation difficulties resulting examples please.

What are the benefits/difficulties with the "infant industry" argument? Give relevant examples.

Reference no: EM132971012

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