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Naily [24]
2 years ago
8

The infant industry argument is criticized because it relies on an assumption that:______.

Social Studies
1 answer:
nalin [4]2 years ago
7 0

The infant industry argument is criticized because it relies on an assumption that firms are unable to create economical long investments by borrowing cash from the domestic or international capital market.

In economics, an infant-industry is one that's new and in its early stages of development and, thus, not nevertheless capable of competitory against established trade competitors.

The infant industry argument, is a classic theory in international trade, states that new industries need protection from international competitors till they become mature, stable, and are ready to be competitive.

To learn more about Infant industry here

brainly.com/question/28233554

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George Murdock was a sociologist born May 11, 1897 who was mostly recognized for his research on family and kinship classification in which he wrote the book called Social Structure in 1949. Based on his research, I can say that he found that many tasks that were considered masculine by some societies were viewed as feminine by others.

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