According to Paul Krugman,a country that attempts to use strategic trade policy to establish a domestic firm in a dominant position in a global industry will probably:

Question

Quizplus · Accepted Answer

Paul Krugman argues that a strategic trade policy aimed at establishing domestic firms in a dominant position in a global industry is a beggar-thy-neighbor policy that boosts national income at the expense of other countries.A country that attempts to use such policies will probably provoke retaliation.

According to Paul Krugman,a Country That Attempts to Use Strategic