1 A subsidy is government assistance to a business often in the form of a. cash payments b. low-interest loans c. asset donations d. both A and B 2 Government should act as the “guardian of business”...

1 A subsidy is government assistance to a business often in the form of

a. cash payments

b. low-interest loans

c. asset donations

d. both A and B

2 Government should act as the “guardian of business” in order to

a. nurture young industries

b. encourage foreign direct investment

c. promote strict adherence to trade agreements

d. both A and B