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What Are the Industrial Policy and Market Policy? Explain How

question 15

Essay

What are the industrial policy and market policy? Explain how they might affect long-run economic growth.


Definitions:

Multinational Corporations

Companies that operate in multiple countries, often managing production or delivering services in more than one country.

Global Corporations

Large companies that operate and provide goods or services in multiple countries beyond their home country.

Transnational Corporations

Large companies that operate and distribute products or services across multiple countries beyond their home base.

International Corporations

Large business entities that operate in multiple countries across the globe, often influencing economic, political, and social landscapes.

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