According to the textbook,Paul Krugman,a professor at MIT,predicts that a country that attempts to use strategic trade policy to establish a domestic firm (or firms) in a dominant position in a global industry will probably
A) succeed fairly smoothly.
B) be viewed favorable in the international community.
C) provoke retaliation.
D) be successful if the policy is in force for at least three years.
E) experience strong foreign opposition, but succeed in the long-run.
Correct Answer:
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