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Chako Chako
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Posts: 2948
8 years ago
Japan's protection of its semiconductor (RAM) producers is today seen as an object lesson in
A) how strategic planning may backfire and cause a large waste of resources.
B) how externalities may be successfully exploited by protectionist policies.
C) how excess returns may be successfully exploited by protectionist policies.
D) how monopolies can outlast government intervention.
E) how government intervention may create a meaningful comparative advantage.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 103 times
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Answer verified by a subject expert
machukianmachukian
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Top Poster
Posts: 2946
8 years ago
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Chako Author
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8 years ago
I doubted this website before I signed up. I regret not being a member earlier lol
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8 years ago
Happy to help you!
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