Evaluate the following statement in no more than 300 words: “Infant-industry protection can be justified on the basis of the existence of learning-by-doing.”

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter15: International Trade And Finance
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Evaluate the following statement in no more than 300 words:

“Infant-industry protection can be justified on the basis of the existence of learning-by-doing.”

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