A "strategic" use of high-tech subsidies would involve:
A) assistance to help firms compete with other domestic firms.
B) loans or other assistance to make it possible for high-tech firms to take market share from international competitors.
C) making sure the firm makes extra profits, so it will be strong and provide jobs.
D) enforcing anticompetition laws.

Question

Quizplus · Accepted Answer

A strategic use of high-tech subsidies would involve providing loans or other assistance to make it possible for high-tech firms to take market share from international competitors. This would help the firms become more competitive in the global market and contribute to the long-term growth of the economy. Assistance focused only on domestic competition (option A) would not be as effective in stimulating growth, while ensuring extra profits for the firm (option C) could lead to distortions in the market and harm competition. Enforcing anticompetition laws (option D) is important, but not directly related to the use of high-tech subsidies.

A "Strategic" Use of High-Tech Subsidies Would Involve