True or false: the essential notion underlying strategic trade policy is imperfect competition.

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18-10-2017
Business

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True or false: the essential notion underlying strategic trade policy is imperfect competition.

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nicks20 nicks20 · Answer 1 · 2017-10-29T07:13:37+01:00

nicks20 nicks20

29-10-2017

Answer: TRUE.

The essential notion underlying strategic trade policy is imperfect competition. Strategic trade policy is also referred as Strategic trade theory that includes the policies adopted by a country to understand the outcome of strategic interaction between various firms.

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