chasedehlin5165 chasedehlin5165
  • 02-03-2020
  • Social Studies
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Item 4Item 4 Which trade policy argument suggests that a government should use subsidies to support promising firms that are active in newly emerging industries?

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luisreyesd26 luisreyesd26
  • 07-03-2020

Answer:

The correct answer is : strategic trade policy

Explanation:

It refers to a policy that some countries adopt with the purpose of affecting the outcome of strategic interactions between an industry dominated by a small number of firms. It helps to increase the national incomes and it ensures an advantage to the domestic industries.

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