Some people argue that the best way to develop the Canadian economy is:
A)privatization of all crown corporations.
B)a long term industrial policy.
C)an across the board increase on import duties.
D)less free trade.

Question

Quizplus · Accepted Answer

A long term industrial policy would provide stability, direction and focus for the development of the Canadian economy. It would encourage investment and innovation, and support the growth of key industries. This approach has been successful in other countries such as Japan and South Korea, and could be beneficial for Canada as well. Privatization of all crown corporations, an across the board increase on import duties, and less free trade could have negative impacts on the economy and limit opportunities for growth and development.

Some People Argue That the Best Way to Develop the Canadian