Answer:
C.Occurrence of a trade war
Explanation:
Strategic Trade Policy depicts policy adopted by certain countries to effect strategic interactions between firms in an international oligopoly. These include policy instruments (export subsidy, import tariff) by trying to shift profits from international to domestic firms.It is likely to develop their firms status in international markets & raise level of domestic welfare.
Many economists are skeptical about government's analytical capacity to determine optimal amount of intervention, as per theory application. If non optimal (over protection intervention) is used, it might lead to risk retaliation by other international firms & action reaction leads to occurrence of trade (commercial) war.
The invention of (cash register) addressed two challenges faced by department store owners in the late 19th century: creating detailed sales records and embezzlement by employees.
<span>Economists can, oftentimes, have differing viewpoints about what a legislator should do based upon their worldview and their morals regarding certain situations. In addition, they might have political viewpoints that are more overarching than the specific economic situation that they are being asked to appraise, which can lead to advice that might go against the received wisdom about what should usually be done in those situations.</span>
They are buying a souvenir.