What four main groups of arguments do nations use to justify protection for particular industries?

Infant Industry Argument- to protect developing domestic markets from foreign competitors Industry Diversification Argument- to prevent over reliance on one country or natural resource Anti-Dumping Argument- to prevent another country from drastically lower the cost temporarily as a means to drown out domestic competition. Pauper Labor Argument- To prevent countries with cheap labor from competing with domestic competitors

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