Which policy refers to government support for particular domestic industries to help them gain competitive advantages over foreign producers?
A)domestic subsidies
B)import substitution
C)antidumping policy
D)strategic trade policy

Question

Quizplus · Accepted Answer

Strategic trade policy involves government support for certain domestic industries to help them gain a competitive advantage internationally. This can include subsidies, tax incentives, or other forms of support aimed at enhancing the global competitiveness of these industries.

Which Policy Refers to Government Support for Particular Domestic Industries