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What are the flaws of the infant industry argument?

Answer #1

The some of the flaws in the infant industry agreement are:

- It can make people concentrate on protection so much that they just sustain without trying to learn to improve.
- The argument can make the investments are limited to the firm’s profit.
- It can prove that the imperfect capital markets may cause the private sector to fail.
- It requires a very large funding
- Infant industry argument is over-used
- It will not offer an incentive in order to lower their costs.
- The protected industry will not be ready to willingly give it up.

What is the ‘infant industry’ argument in the context of trade?
Go online and find an example where the infant industry argument
might be applicable. But then give your own analysis: Do you
personally agree with this argument or not, in the context of your
example.

What flaws can you see in Friedman's argument that the only
social responsibility of a business is to increase its profits?

Please answer the following question:
An argument can be made to support or oppose hydraulic fracking
of oil. Individuals or institutions taking a stance often give
facts to "prove" their point.
If you were going to debate on whether fracking should be
allowed to continue:
What type of statistics would you state in an argument favoring
fracking?
What type of statistics would you give in an argument against
fracking?
Are there any numeric statistics that could support both sides
of...

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The results of the blood pressure measurements taken of the same
patient by fourteen different second-year medical students are
listed in the table below.
Systolic Diastolic
138
82
130
91
135
100
140
100
120
80
125
90
120
80
130
80
130
80
144
98
143
105
140 ...

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A study of the relation between a daughters height and that of
her mother and father examined data from n=20 cases and found the
following linear regression equation: y=25.6+.377x1+.195x2, where y
is the daughter’s height, x1 is the mother’s height, and x2 is the
father’s height, with all heights measured in inches. Predict the
height of a daughter whose mother height is 64 inches and whose
father’s height...

All of the following are arguments in favor of tariffs and
quotas except
a. the infant industry argument.
b. the low transition cost argument.
c. the national security argument.
d. the environmental standards argument.
e. the dumping argument.
the environmental standards argument.
the dumping argument.

Flaws in a certain type of fabric are distributed as a Poisson
distribution with the mean number of flaws equal to 1.000/square
yard.
a. Find the probability that a random square yard of this fabric
will contain more than 2 flaws.
b. Find the probability that a random square yard of this fabric
will contain fewer than 2 flaws.

what is the emerging industry argument based on? write
limitations also

A certain type of carpet is known to average 2 flaws in every 5
square metres. What is the probability that there will be no flaws
in 10 square metres of the carpet?

The number of flaws per square yard in a type of carpet material
varies with mean 1.3 flaws per square yard and standard deviation 1
flaws per square yard. This population distribution cannot be
normal, because a count takes only whole-number values. An
inspector studies 167 square yards of the material, records the
number of flaws found in each square yard, and calculates
x, the mean number of flaws per square yard inspected. Use
the central limit theorem to find...

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