Question

Given the arguments relating to the New Trade Theory and strategic trade policy, what kind of trade policy should business be pressuring governments to adopt?

Answer 1

Answer and Explanation:

Business ought to constrain government to energize reasonable exchange and rivalry. This ought to guarantee that organizations have a level playing field when contributing. Moreover, the business ought to request that administration make a domain that would permit new firms and organizations to flourish and develop.  

The guidelines and customs ought to be made in a such a manner, that advances sound challenge among the organizations that prompts a superior nature of items and administrations.