Suppose that the United States decided to subsidize a major competitive effort by the semiconductor industry to bring to market the next generation computer chip. Under the current rules of the WTO and GATT, the U. S. effort is

allowed as long as the subsidies are a small percent of the total cost.

allowed as long as the subsidies do not involve a direct payment to the industry.

not allowed.

neither allowed nor disallowed.

Explained below.

Explanation:

According to the current rules of the WTO(which is also known as World Trade Organization) and as well as GATT(which is known as The General Agreement on Tariffs and Trade), the United States effort is  been allowed as long as the subsidies(which is also known as government incentive) do not involve a direct payment to the industry.

our agriculture industry and our business industry

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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