Paul Krugman argues that although strategic trade policy looks unappealing in theory, in practice it is most likely to be workable. True False

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03-07-2021
Business

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Paul Krugman argues that although strategic trade policy looks unappealing in theory, in practice it is most likely to be workable. True False

Sagot :

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topeadeniran2 topeadeniran2 · Answer 1 · 2021-07-06T23:13:30-04:00

Answer: False

Explanation:

The statement that "Paul Krugman argues that although strategic trade policy looks unappealing in theory, in practice it is most likely to be workable" is false.

According to Paul Krugman, a strategic trade policy will be captured by the special-interest groups that are within the economy and this will bring about it's distortion and therefore it's unlikely to be workable.

Sagot :

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