A Lesson from the Brazilian Experiment Was That

question 144

Multiple Choice

A lesson from the Brazilian experiment was that:

• A)infant industry protection is almost never successful.
• B)there are many determinants other than market price that also factor into an industry's success-firms had supplier difficulties and
• Were hampered by excessive regulation.
• C)government usually knows better than the market whether an industry has potential.
• D)when politicians get involved, rational decisions and good business practices are more difficult.

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Definitions:

Ordinary Shares

Ordinary Shares are a form of equity ownership in a corporation, giving shareholders voting rights and a share in the company's profits via dividends.