Q
Advocates of industrial policy maintain that government should ?
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A
A. Pursue free trade as a policy that leads to maximum global efficiency
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B
B. Grant subsidies to firms offering potential comparative advantage
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C
C. Provide loans to domestic workers in exporting industries
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D
D. Increase interest rates on loans made to firms in import-competing industries
Correct Answer:
B. B. Grant subsidies to firms offering potential comparative advantage
