Arguments for Protection

Balance of payments
Cultural
Decreasing cost
Domestic distortions
Employment
Environmental protection
Externalities
Fairness
Foreign investment
Graham's
Income redistribution
Infant industry
Labor standards
Monopoly
National defense
Noneconomic objectives
Optimal tariff
Patriotism
Pauper labor
Revenue
Second-best
Self-sufficiency
Strategic industry
Strategic trade policy
Sunset industry
Terms of trade