【单选题】Which of the following statements is not correct?
A.
Patents help internalize the externalities associated with technological advances.
B.
Economists typically prefer regulations to corrective taxes because regulations provide more incentives for firms to seek continued reductions in pollution.
C.
Allowing firms to trade pollution permits will lower the total cost of reducing pollution.
D.
A big impediment to implementing the Coase theorem in many cases is high transactions costs.
【单选题】When Japan's MITI (Ministry of International Trade and Industry) focused resources on the semiconductor industry, this was seen as a typically successful Japanese foray into a new dynamic strategic se...
A.
justified this view.
B.
led to similar structuring of industrial policy in the U.S.
C.
lent support to the Brander-Spencer model.
D.
helped shift the focus of economists away from Japanese-style industrial policy
【单选题】When Japan's MITI (Ministry of International Trade and Industry) focused resources on the semiconductor industry, this was seen as a typically successful Japanese foray into a new dynamic strategic se...
A.
justified this view.
B.
led to similar structuring of industrial policy in the U.S.
C.
lent support to the Brander-Spencer model.
D.
helped shift the focus of economists away from Japanese-style industrial policy.
E.
propelled Japan into the leading country in high-tech manufacturing.
【单选题】When Japan's MITI (Ministry of International Trade and Industry) focused resources on the semiconductor industry, this was seen as a typically successful Japanese foray into a new dynamic strategic se...
A.
justified this view.
B.
led to similar structuring of industrial policy in the U.S.
C.
lent support to the Brander-Spencer model
D.
helped shift the focus of economists away from Japanese-style industrial policy.