In order to increase the size of markets, and so promote faster technological innovation, countries could:

Question

Quizplus · Accepted Answer

Liberalizing international trade allows for increased market access and competition, which can promote technological innovation as firms strive to stay competitive and attract customers. Deregulating the food and drug industry or subsidizing the export of specific goods may have limited effects on overall market size and could have negative consequences such as lower safety standards or market distortions. Lowering taxes on stock dividends may benefit investors but may not have a direct impact on market size or technological innovation.

In Order to Increase the Size of Markets, and So