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infant industry argument
in·fant in·dus·try ar·gu·ment


noun 
Definition:
 
business economic argument: the economic argument that young industries must be protected from foreign competition until they can acquire the skills that will enable them to compete on equal terms
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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