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Infant industry argument |
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Infant industry argumentThe theoretical rationale for infant industry protection.Infant industry argumentArgument that industries in the developing and emerging sectors of the economy need protection against international competition in order to establish themselves.Infant industry argument Similar MatchesInfant industry protectionInfant industry protectionProtection of a newly established domestic industry that is less productive than foreign producers. If productivity will rise with experience enough to pass Mill's and Bastable's tests, there is a second-best argument for protection. The term is very old, but a classic treatment may be found in Baldwin (1969). Interindustry tradeInterindustry tradeTrade in which a country's exports and imports are in different industries. Typical of models of comparative advantage, such as the Ricardian Model and Heckscher-Ohlin Model. Contrasts with intraindustry trade. Ministry of Economy, Trade and IndustryMinistry of Economy, Trade and IndustryThe Japanese government ministry that deals with economic issues, including the vitality of the private sector, external economic relations, energy policy, and industrial development. Securities Industry Automation CorporationSecurities Industry Automation CorporationIn the US, SIAC operates the New York and American Stock Exchanges automation and communications systems to support trading, market data reporting, and surveillance activities. SIAC also supports the NSCC's nation-wide clearance and settlement systems and it is the systems processor for industry-wide National Market System components, such as CTS,CQS, and ITS. SIAC is jointly owned by the NYSE and AMEX. Confederation of British IndustryConfederation of British IndustryAn independent non-profit making, non party political organisation which represents the interests of 250,000 direct and indirect member companies in the UK. The CBI was founded in 1965 by the merging of the Federation of British Industries, the British Employers' Confederation and the National Association of British Manufacturers. Further SuggestionsIntraindustry tradeOut of favor industry or stock Vertical intraindustry trade Securities Industry Association (SIA) Industry allocation Sunset industry argument Footloose industry Securities Industry Association Futures Industry Association Horizontal intraindustry trade Lipper Mutual Fund Industry Average Ministry of International Trade and Industry Securities Industry Committee on Arbitration (SICA) Security Industry Automated Corporation (SIAC) |
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