Industrial policy refers to:
A) an activist policy by the government of an industrial country to stimulate the development of an industry
B) the granting of a subsidy to a domestic industry to stimulate the development of an industry
C) the granting of a subsidy to a domestic industry to counter a foreign subsidy
D) all of the above
Correct Answer:
Verified
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A)a method of choosing
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Q4: An import quota:
A)increases the domestic price of
Q5: Adjustment to any shift in the domestic
Q6: Which of the following is true with
Q7: A fallacious argument for protection is:
A)the infant
Q8: Which of the following is false with
Q9: On which of the following principles does
Q10: An increase in the demand of the
Q11: An international cartel refers to:
A)dumping
B)an organization of
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