According to the strategic trade policy argument:

According to the strategic trade policy argument: 








A. government intervention is not required because firms can borrow money from the capital markets to finance the required investments.

B. selling goods in a foreign market at below their "fair" market value is legally and ethically justified.

C. government support can help domestic firms overcome the first-mover advantages enjoyed by foreign competitors.

D. a government should use subsidies to support promising firms that are active in old, established industries.












Answer: C


International Business

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