Arguments against industrial policy include all of the following except
A) reduces market efficiency
B) The need to rescue "sunset" industries.
C) the need to promote "sunrise" industries.
D) foreign industrial policy success has been variable.

Question

Quizplus · Accepted Answer

The other options all raise valid concerns about industrial policy, such as potentially reducing market efficiency and the variable success of foreign industrial policies. However, the need to rescue "sunset" industries is not an argument against industrial policy, but rather an argument in favor of it, as it suggests that such industries may need government intervention to remain viable. The need to promote "sunrise" industries, on the other hand, is an argument in favor of industrial policy.

Arguments Against Industrial Policy Include All of the Following Except