Which of these was not a government subsidy used to promote ISI?

Name: Which of these was not a government subsidy used to promote ISI?
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Question

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High corporate tax rates would not be a government subsidy to promote ISI, as they would discourage investment and hinder the growth of domestic industry. The other choices, loans on attractive terms, an overvalued exchange rate, and multiple forms of protectionism, were all commonly used government subsidies to promote ISI.

Which of These Was Not a Government Subsidy Used to Promote