A country uses strategic trade policy to

Question

Quizplus · Accepted Answer

Strategic trade policy involves government intervention to promote the competitiveness of domestic industries through measures such as subsidies, protectionist policies, and selective trade agreements. The ultimate goal of this policy is to increase the profits of domestic producers, often by promoting the growth of strategic industries that have the potential to generate significant economic benefits for the country. While policies aimed at improving competitiveness can have other effects, such as affecting exchange rates or imposing countervailing duties, the primary objective of strategic trade policy is to support domestic producers. Thus, option A) is the best choice.

A Country Uses Strategic Trade Policy to