Problem
What am the key assumptions that allow strategic trade policy to work effectively in the Brander-Spencer example of Airbus and Boeing? "The new strategic trade policy argument demonstrates the wisdom of policies like that of South Korea. which subsidizes its exports most the board. The subsidy gives each industry the strategic advantage it needs to establish itself in world competition." Discuss.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.