Which of the following is NOT a true statement about industrial policies?
A)Industrial policies can lead to the development of successful industries.
B)Not all industrial policies are successful.
C)Not all industrial policies are the best use of a nation's resources.
D)Most industrial policies are legal under WTO rules.

Question

Quizplus · Accepted Answer

The statement "Most industrial policies are legal under WTO rules" is not true. In fact, some industrial policies may violate WTO rules, particularly those that involve protectionist measures like tariffs or subsidies. WTO rules seek to promote free and fair trade, and may limit the types of industrial policies that member countries can pursue.

Which of the Following Is NOT a True Statement About