Week 4: Why the CHIPS act signals a return to the 'Industrial Policy' by the Wall Street Journal

Question 1

How many yes’s and no’s did the CHIPS act receive

Answer 1

64 yes’ and 33 no’s

Question 2

What are the three ways of introducing Industrial Policy

Answer 2

Tariffs, Tax Credits, Investments

Question 3

Where is the main source of Competition for the US in the chips industry

Answer 3

Taiwan

Question 4

4. What Is America doing for American Chipmakers

Answer 4

Subsidizing