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According to the strategic trade policy argument, Multiple Choice government intervention is not required because firms can borrow money from the capital markets to finance
According to the strategic trade policy argument, Multiple Choice government intervention is not required because firms can borrow money from the capital markets to finance the required investments. government support can help domestic firms overcome the first-mover advantages enjoyed by foreign competitors. a government should use subsidies to support promising firms that are active in old, established industries. selling goods in a foreign market at below their "fair" market value is legally and ethically justified
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