Guiding the market through strategic coordination of business investments to increase export market shares is known as
A)development planning.
B)industrial policy.
C)shifting terms of trade.
D)all of the above.
E)none of the above.

Question

Quizplus · Accepted Answer

Guiding the market through strategic coordination of business investments to increase export market shares is known as industrial policy. Development planning refers to the process of creating and implementing a plan for economic and social development, while shifting terms of trade refers to changes in the relative prices of exports and imports. Therefore, the best choice is B, industrial policy.

Guiding the Market Through Strategic Coordination of Business Investments to Increase