Which of the following is not a tool of industrial policy?
A) Subsidies
B) Trade barriers
C) Tax breaks
D) Interest rate controls

Question

Quizplus · Accepted Answer

Industrial policy typically uses government interventions such as subsidies, trade barriers, and tax breaks to promote the growth of certain industries. However, interest rate controls are typically a tool of monetary policy, which is distinct from industrial policy.

Which of the Following Is Not a Tool of Industrial