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Strategic Trade Suggests That Governments Should

Question 56

Multiple Choice

Strategic trade suggests that governments should:


A) play no role in developing a comparative advantage in emerging sectors.
B) play an active role in developing a comparative advantage in emerging sectors.
C) only trade with countries that are politically strategic to it.
D) only trade with countries if they reciprocate with lower tariffs.
E) never trade with countries if they impose tariffs on goods and services.

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