The biggest weapon of the Federal Trade Commission (FTC) is the "threat" of antitrust action, not action itself

Explain import substitution

What will be an ideal response?

Which of the following is not a reason why government programs might fail to achieve their goals?

a. Insufficient information to correctly achieve the goal. b. One policy goal is in direct conflict with another policy goal. c. Politicians respond to political incentives to deviate from the goal. d. Inability to use coercion to achieve the goal.