Economics · International Trade
When governments intervene in oligopolistic markets to support domestic firms in high-technology industries, the policy aims to create a competitive advantage at the global level. Which term best describes this intervention?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Autarkic policy
- 2Tariff neutrality
- 3Free trade
- 4Strategic trade policy✓
Correct answer
Strategic trade policy
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