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Using the new trade theory and Porter's theory of national competitive advantage, outline the case for government policies designed to build a national competitive advantage
Using the new trade theory and Porter's theory of national competitive advantage, outline the case for government policies designed to build a national competitive advantage in a particular industry. What kind of policies would you recommend the government implement under both theories? Do these policies go against the notion of free trade?
Can somebody please help with the above, particularly with examples of specific policies to be implemented.
Thank you,
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