Chapter 6 Critical Thinking Question

Chapter 6 Critical Thinking Question - mover advantages in...

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Shawnae Cristobal International Business Professor Rayan September 18, 2008 Box #283 Chapter 6: Critical Thinking Question Page 230 #3 3. According to the textbook, businesses should urge governments to target technologies that may be important in the future and use subsidies to support development work aimed at commercializing those technologies. Government should provide export subsidies until the domestic firms have established first
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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.

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