Question

True or false: industrial policies of the united states have been more formal than those of europe and japan. the u.s. government discourages exports via its export import bank and commodity credit corporation.

Answer 1

False. Industrial policies of the United States have been less formal than those of Europe and Japan. The U.S. government encourages exports via its Export-Import Bank and Commodity Credit Corporation. Firms are also allowed to form export trading companies and export trade associations.