international trade exam.there are some small question? Can you do all .

I will take up with your answer.

D. Imagine that you are an official in the Trade Ministry of an economically small country and you are visited by a delegation from the General Association of Gidget Manufacturers and Exchangers (GAGME). Their lawyer tells a very sad story. It seems, according to the lawyer, that Home country gidgets could be globally competitive if Home manufacturers of gidgets would make some investments in new technology that raises their competitiveness. However, the lawyer continues, Home gidget manufacturers are not currently willing to make such investments because international competition during the early stages of the investment will cause them to make losses and go out of business. He, the lawyer, suggests that it would be in the national interest to provide a reasonably short period of protection to this industry to encourage the adoption of the improved technology. Since you are a well-trained international economist, you tell him that you will need several pieces of information before you are willing to commit the government to such a policy. What pieces of information do you need? [Note: A complete answer to this question requires that you explain why each piece of information is essential to your final decision] (20 points)