primarily because of pressure from the developing world, it was recognized the ____ argument was a…

primarily because of pressure from the developing world, it was recognized the ____ argument was a legitimate reason for protectionism.\n\na. declining industry\n\nb. mature industry\n\nc. infant industry\n\nd. strategic industry\n\ne. strategic trade policy

primarily because of pressure from the developing world, it was recognized the ____ argument was a legitimate reason for protectionism.\n\na. declining industry\n\nb. mature industry\n\nc. infant industry\n\nd. strategic industry\n\ne. strategic trade policy

Answer

Brief Explanations:

The infant - industry argument posits that new industries in developing countries need protection until they become competitive. Pressure from developing countries has led to the recognition of this as a legitimate protectionist reason.

Answer:

C. infant industry