Chapter 2, Problem 2.11P

Financial Accounting please answer

Explain properly all the answer this general accounting question step by step

If you oppose ______, you will likely argue that ______. A.   Industrial policy; governments, not the free market, should determine which sectors succeed and fail B.   Anti-cabotage laws; the government doesn't need to support basic research C.   Industrial policy; the free market, not governments, should determine which sectors succeed and fail D.   Anti-cabotage laws; the private sector doesn't always support basic research