Strategic trade policy is concerned with protecting,and assisting in creating comparative advantage in:

Question

Quizplus · Accepted Answer

Strategic trade policy aims to protect and support industries that are crucial for the growth and development of the nation. These industries are typically high-tech, knowledge-intensive, and have the potential for significant spillover effects on the wider economy. Examples include aerospace, biotechnology, and information technology. Therefore, option C is the best choice as it focuses on such national growth-affecting industries. The other options, agricultural commodities, transportation related industries, and unskilled labor-intensive industries, may also be important for the economy but do not necessarily require strategic trade policy support.

Strategic Trade Policy Is Concerned with Protecting,and Assisting in Creating