Strategic Trade Theory Assumes That

Multiple Choice

Strategic trade theory assumes that

A) defense-related procurement practices are designed to meet national security objectives.
B) in the absence of intervention by any government, high tech industries offer a first-mover advantage.
C) In the absence of intervention by any government, high tech industries offer a last-mover advantage.
D) societies will be especially interested in oligopolistic high tech industries because of zero-sum excess returns.
E) the combination of economies of scale and experience create higher wages.