Question: Japans experience makes the infant industry case for protection better than any theory. In the early 1950s Japan was a poor nation that survived by

Japan’s experience makes the infant industry case for protection better than any theory. In the early 1950s Japan was a poor nation that survived by exporting textiles and toys. The Japanese government protected what at first were inefficient, high-cost steel and automobile industries, and those industries came to dominate world markets. Discuss critically.

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