When Japan's MITI (Ministry of International Trade and Industry) focused resources on the semiconductor industry,and in particular on Random Access Memory (RAM) ,it was viewed 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) propelled Japan into the leading country in high- tech manufacturing.
C) led to similar structuring of industrial policy in the U.S.
D) helped shift the focus of economists away from Japanese- style industrial policy.
E) lent support to the Brander- Spencer model.
Correct Answer:
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