Infant industry argument for putting up barriers to imports
Question: What is the infant industry argument for putting up barriers to imports? What are its merits and weaknesses?
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How can a domestic market be protected? If a country had protected domestic market, what would be the likely effect on its balance of trade? Do you think that domestic market protection is to the disadvantage of most people in the country?
Problem: Can you also offer your opinion, no citations, from two different perspectives on the internet trends. It would be neat if you commented on the new internet tax laws coming out.
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In 1998, the U.S. Justice Department and 20 state attorney generals filed lawsuits against Microsoft. In your discussion, include the reason for the lawsuit, the outcome of the trial, and how this lawsuit affected Microsoft and consumers.
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