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Social Sciences and History / Unit 15   SSH 1433 short lesson, about 20 seconds

Infant Industry, Anti-Dumping, Environment, National Interest

Captions available

The idea

The infant-industry argument says small domestic industries need temporary protection to grow strong; it worked in some East Asian cases; often the infants never grow up. Anti-dumping is often an excuse. The national-interest argument fears dependence; stockpiling is often wiser.

In practice

Race to the bottom, the environmental argument; shutting trade seems unlikely to help.

Where people slip

Every judgment is the anchor's.

Your place on the trail

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