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Strategic Trade Theory

Question 3

Multiple Choice

Strategic trade theory


A) provides unambiguous support for the claim that government intervention in high-technology industries can raise national income.
B) suggests it is easier for governments to identify which high-technology industries can raise national income because of national security interests.
C) does not provides unambiguous support for the claim that government intervention in high-technology industries can raise national income.
D) is strong because it makes it easier to translate the theory's simpler conclusions into effective policies.
E) is more of an explanatory theory than a prescriptive theory.

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