Infant-Industry Theory

A school of thought that believes emerging domestic industries should be protected until they become stable and mature.

Proponents of the infant-industry theory argue that governments should use tariffs, quotas and duty taxes to keep international competitors from ruining the domestic infant industry.


Investment dictionary. . 2012.

Look at other dictionaries:

  • New Trade Theory — Economics …   Wikipedia

  • Attachment theory — …   Wikipedia

  • pharmaceutical industry — Producers of pharmaceuticals, substances used in the diagnosis, treatment, and prevention of disease and the modification of organic functions. The earliest records of medicinal plants and minerals are those of the ancient Chinese, Hindu, and… …   Universalium

  • international trade — Introduction       economic transactions that are made between countries. Among the items commonly traded are consumer goods, such as television sets and clothing; capital goods, such as machinery; and raw materials and food. Other transactions… …   Universalium

  • Free trade — Not to be confused with Free market. World trade A series on Trade …   Wikipedia

  • Protectionism — For the protectionist Australian political party from the 1880s to 1909, see Protectionist Party Protectionism is the economic policy of restraining trade between nations, through methods such as tariffs on imported goods, restrictive quotas, and …   Wikipedia

  • Import substitution industrialization — (also called ISI) is a trade and economic policy based on the premise that a country should attempt to reduce its foreign dependency through the local production of industrialized products. Adopted in many Latin American countries from the 1930s… …   Wikipedia

  • Export — In economics, an export is any good or commodity, transported from one country to another country in a legitimate fashion, typically for use in trade. Export is an important part of international trade. Its counterpart is import.Export goods or… …   Wikipedia

  • Free trade debate — Free trade is one of the most debated topics in economics of the 20th and 21st century Fact|date=December 2007. Arguments over free trade can be divided into economic, moral, and socio political arguments. The academic debate among economists is… …   Wikipedia

  • Comparative advantage — Economics …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.