industry. Thus, the infant industry argument for protectionism is to block imports for a limited time, to give

the infant industry time to mature, before it starts competing on equal terms in the global economy. (Revisit

Macroeconomic Policy Around the World (http://openstax.org/books/principles-economics-3e/pages/

32-introduction-to-macroeconomic-policy-around-the-world) for more information on the infant industry

argument.)

The infant industry argument is theoretically possible, even sensible: give an industry a short-term indirect

subsidy through protection, and then reap the long-term economic benefits of having a vibrant, healthy

industry. Implementation, however, is tricky. In many countries, infant industries have gone from babyhood to

senility and obsolescence without ever having reached the profitable maturity stage. Meanwhile, the
protectionism that was supposed to be short-term often took a very long time to be repealed.
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