If a Government Subsidizes a High-Tech Firm, Which, in Turn

question 57

Multiple Choice

If a government subsidizes a high-tech firm, which, in turn, allows it to increase sales and profits from international operations by more than the cost of the subsidy:

• A) it will be viewed as a strategic policy success.
• B) we have to discount any success because of the environmental degradation that always occurs.
• C) there will be a negative effect because the government should not and does not subsidize to gain international position for private firms.
• D) there could be increased costs in the future.

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Definitions:

Buddhism

A spiritual tradition and religion founded on the teachings of Buddha, emphasizing the path to enlightenment through practices like meditation, ethical conduct, and wisdom.

Traditional Medicine

Healing practices and ideas based on indigenous beliefs and knowledge passed through generations, often involving natural remedies and treatments.

Complementary Alternative

Alternative approaches to healthcare and wellness that are used alongside traditional medical treatments to enhance overall health.

Adverse Effects

Unintended, negative reactions or side effects caused by a medication or treatment.