Government intervention can be self-defeating because it tends to protect the inefficient rather than help firms become efficient global competitors.

Name: Government intervention can be self-defeating because it tends to protect the inefficient rather than help firms become efficient global competitors.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Government intervention can sometimes lead to inefficiencies by supporting firms that are not competitive, which can prevent them from improving and competing effectively on a global scale.

Government Intervention Can Be Self-Defeating Because It Tends to Protect