Which of the following would NOT be a result of following ISI policies?
A) A government giving a below-market rate loan to a budding automobile industry.
B) A government giving a subsidy to encourage research and development in consumer electronics.
C) A government nationalization of domestic power companies.
D) A government liberalizing trade to reduce the price of industrialized products for consumers.
E) A government erecting new tariffs to protect domestic firms from international competition.
Correct Answer:
Verified
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