Industrial policies that encourage the development of green technology
A) attempt to orient US trade around more environmentally friendly manufacturing and infrastructure.
B) have not generated much debate over the government's role in shaping the national economy.
C) have been promoted by free trade advocates to give American industries an unfair advantage over their foreign competitors.
D) are examples of government successes in picking winners that improve the general global welfare.
E) are generally beneficial in boosting productivity in other high technology sectors.

Question

Quizplus · Accepted Answer

Industrial policies aimed at promoting green technology encourage the development of manufacturing and infrastructure that is designed to be more environmentally responsible. This can help the US to orient its trade around such practices, which are increasingly in demand worldwide.

Answer: E
 Industrial policies that focus on green technology can help to boost productivity across a range of high technology sectors, as the development of new, more sustainable practices often requires innovation and investment in new research and development. This can lead to increased competitiveness overall.

Industrial Policies That Encourage the Development of Green Technology