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April 9, 2021

Strategic Trade Policy

General Questions

Strategic Trade Policy

Suppose the U.S. government was able to determine which industries would grow the most rapidly over the next 20 years. Explain why this doesn’t necessarily mean there should be a policy to support the growth of these industries.

Analyze the disadvantages of engaging in strategic trade policy, even in cases where it can be slow to yield an increase in a country’s welfare

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