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How does strategic trade theory provide the justification for industrial policy in high technology industries?
Interest Rates
The cost of borrowing money or the return for investing money, typically expressed as a percentage of the principal amount annually.
Government Spending
Expenditures by government agencies on goods and services that influence the economy, including investments, social services, and defense.
Reserve Requirements
The minimum amount of funds that a bank is required to hold in reserve, determined by central banking authorities, to ensure that the institution remains liquid.
Monetary Control
Monetary Control involves the regulation of the money supply and interest rates by central banks to manage economic stability and growth.
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