Article 3XT3Z 'Infant Industry' Trade Barriers Sound Nice. But Research Shows They Don't Work

'Infant Industry' Trade Barriers Sound Nice. But Research Shows They Don't Work

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from from FEE on (#3XT3Z)

In short, infant industry trade barriers sound nice, but they invite corruption, and nobody knows what they're doing anyway. Empirical research also shows they don't work. Protectionists must look elsewhere for a good argument for trade barriers.

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