4 ms·
You can't free-market your way in an industry that's heavily subsidized by other governments. Whatever local company you have will obviously lose to some other
by kredd 3y ago
You can't free-market your way in an industry that's heavily subsidized by other governments. Whatever local company you have will obviously lose to some other company that's getting the levies somewhere else to design a cheaper product which will win in the "market". So, you end up having two options:
a) Offer subsidies yourself
b) Let other governments dictate the industry that you're crucially depended on