Respuesta :
The least applicable argument for protecting american industry from foreign competition would be the infant industry argument.
According to the infant-industry theory, emerging industries in underdeveloped nations require protection from market pressures until they mature and achieve economies of scale that can compete with those of their rivals. The baby industry justification, which was created by Friedrich List and Alexander Hamilton, is frequently used as a defense of protectionism.
According to the infant-industry idea, until local rising industries are established and stable, they must be shielded from foreign competition. An infant industry, as used in economics, is one that is young, developing, and thus not yet ready to compete with other established industries.
The infant-industry idea, which Alexander Hamilton and Friedrich List first proposed in the early 19th century, is frequently used as justification for protectionist trade policy.
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