By lowering production costs,subsidies help domestic producers compete against foreign imports and gain export markets.

Name: By lowering production costs,subsidies help domestic producers compete against foreign imports and gain export markets.
Brand: Quizplus
Rating: 4.9 (56 reviews)

Question

Quizplus · Accepted Answer

Subsidies reduce the cost of production for domestic producers, making their products more competitive in the market. This enables them to gain export markets and compete against foreign imports.

By Lowering Production Costs,subsidies Help Domestic Producers Compete Against Foreign