imported_Gilbert Gozaburu
New member
...state-directed economies? Which of the following statements best depicts the main differences between mixed and state-directed economies?
a) Focus and Competition—State-directed economies focus on achieving success in targeting industries for external global growth via competition among subsidized local firms
b) Free Markets – Mixed economies enjoy a healthy blend of competition mixed with private ownership that best creates Porter-like diamonds of absolute advantage
c) The nature and sophistication of local demand – Mixed economies have a better mix of sophisticated demand that comes about as the result of targeted monopolies in the home market
d) Market Share – Mixed economies tend to have greater market share than do firms from state-directed economies.
a) Focus and Competition—State-directed economies focus on achieving success in targeting industries for external global growth via competition among subsidized local firms
b) Free Markets – Mixed economies enjoy a healthy blend of competition mixed with private ownership that best creates Porter-like diamonds of absolute advantage
c) The nature and sophistication of local demand – Mixed economies have a better mix of sophisticated demand that comes about as the result of targeted monopolies in the home market
d) Market Share – Mixed economies tend to have greater market share than do firms from state-directed economies.