Question: Which of the following statements about the WTO is TRUE? General training to increase skills would be a good example for industrial policy. O D. voting power in the WTO is determined by the economic size of the members. Industrial policy is sector and firm neutral but Functional Policy attempts to 'pick winners'. O d. Promoting the automobile industry by subsidies would be a good example for industrial policy. O . Most-favoured-nation implies the WTO members can occasionally treat a friendly country more favorably th members.

Question: Which of the following statements about the WTO is TRUE? General training to increase skills would be a good example for industrial policy. O D. voting power in the WTO is determined by the economic size of the members. Industrial policy is sector and firm neutral but Functional Policy attempts to 'pick winners'. O d. Promoting the automobile industry by subsidies would be a good example for industrial policy. O . Most-favoured-nation implies the WTO members can occasionally treat a friendly country more favorably th members.

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter17: International Trade

Section: Chapter Questions

Problem 2.6P

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