Microeconomics,, 16th Canadian Edition

(rishikesh) #1

products in return. The opponents of strategic trade policy also argue that
democratic governments that enter the game of picking and backing
winners are likely to make more bad choices than good ones. One bad
choice, with all of its massive development costs written off, would
require that many good choices also be made in order to make the
equivalent in profits that would allow taxpayers to break even overall.

Free download pdf