Senica

20.07.2021 • 

Business

Arguments for government intervention take two paths: political and economic. Political arguments for intervention are concerned with protecting the interests of certain groups within a nation (usually producers), often at the expense of other groups (usually consumers), or with achieving some political objective that lies outside the sphere of economic considerations, e.g., protecting the environment or human rights. Economic arguments are typically concerned with boosting the overall wealth of a nation to the benefit of both producers and consumers. Select the political or economic argument for intervention for each description.

a Developing countries with a comparative advantage in manufacturing should temporarily support new industries until they have grown strong enough to meet international competition.
b. Part of strategic trade policy suggesting that a government can help raise national income if it can ensure that the firm or firms with a first-mover advantage will be domestic.
c. A vocal and active segment of the population feels that domestic companies may shift factories to foreign locations.
d. Part of strategic trade policy that suggests it is a good idea to help domestic firms overcome barriers to entry created by foreign firms that have reaped first-mover advantages.

Ответ:

sabrinamarie391

29.01.2021

Business

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