Multiple Choice
Both the hands-off and hands-on positions agree that
A) government failure is worse than market failure.
B) specialization and trade can cause poverty and misery in import-competing industries.
C) there is a limited role for government.
D) market failure is worse than government failure.
E) there should be a social safety net for those left behind by trade and markets.
Correct Answer:
Verified
Correct Answer:
Verified
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