A "Strategic" Use of High-Tech Subsidies Would Involve

question 17

Multiple Choice

A "strategic" use of high-tech subsidies would involve:

• A) assistance to help firms compete with other domestic firms.
• B) loans or other assistance to make it possible for high-tech firms to take market share from international competitors.
• C) making sure the firm makes extra profits, so it will be strong and provide jobs.
• D) enforcing anticompetition laws.

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Definitions:

Oxidized

A chemical process where a substance loses electrons or gains oxygen, often resulting in a change in properties like increased rusting in metals or browning in fruits.

Reduced

In chemistry, describes a species that has gained electrons during a reaction, often associated with a decrease in oxidation state.

Neutralization

A chemical reaction in which an acid and a base react quantitatively to form water and a salt.

Reduction-Oxidation

A chemical reaction in which the oxidation states of atoms are changed, typically involving the transfer of electrons.