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Unformatted text preview: mover advantages in the world market. Government support may also be justified if it can help domestic firms overcome the first-mover advantages enjoyed by foreign competitors and emerge as viable competitors in the world market. In this case, a combination of home market protection and export-promoting subsidies may be called for....
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This note was uploaded on 04/13/2010 for the course BUSINESS 121581 taught by Professor Schils during the Spring '10 term at École Normale Supérieure.
- Spring '10