When Japan's MITI (Ministry of International Trade and Industry) focused resources on the semiconductor industry, this was seen as a typically successful Japanese foray into a new dynamic strategic sector. The results, as viewed by the late 1990s
A) justified this view.
B) led to similar structuring of industrial policy in the U.S.
C) lent support to the Brander-Spencer model.
D) helped shift the focus of economists away from Japanese-style industrial policy.
E) propelled Japan into the leading country in high-tech manufacturing.
Correct Answer:
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Q26: Low wages and poor working conditions in
Q27: The Shipbreakers of Alang are
A) a metaphysical
Q31: Q32: Faced with the evidence of poor working Q33: In the second half of the 1990s Q35: The Ricardian model of comparative advantage lends Q36: In today's world markets, poor developing countries Q39: The WTO seems at times to be Q40: Most developing countries oppose including labor standards Q42: The Shipbreakers of Alang utilize much labor
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