Which of the following statements most likely undermines the arguments for a strategic trade policy?
A)Entrepreneurs, rather than governments, should take business risks.
B)Developed countries have production lead time over developing countries.
C)If big companies can figure out what products to develop, so can governments.
D)Governments have limited resources, so industries with greater growth potential should be targeted.

Question

Quizplus · Accepted Answer

This statement suggests that governments should not be involved in taking business risks, which undermines the argument for a strategic trade policy where governments actively intervene in the market to support certain industries.

Which of the Following Statements Most Likely Undermines the Arguments