Which of the Following Is NOT a Claim Made by Industrial-Policy

question 129

Multiple Choice

Which of the following is NOT a claim made by industrial-policy critics?

• A) Industrial policies result in protectionism and inhibit trade.
• B) Industrial policies can promote "pork barrel" politics.
• C) Industries do not receive enough governmental assistance.
• D) Trading nations will develop policy that encourages "beggar thy neighbor" practices.

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Definitions:

Accounts Payable

Short-term liabilities or debts a company owes to its creditors for goods and services purchased on credit.

Inventory

The total stock of goods or materials a company holds for the purpose of resale or production.

CCA Depreciation

Capital Cost Allowance, a system in Canada that determines how a business can claim depreciation on tangible capital assets for tax purposes.

FIFO

"First In, First Out," an accounting method for valuing inventory where the oldest items are sold first.