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International Economics 15th Edition by Robert Carbaugh
Edition 15ISBN: 978-1285854359International Economics 15th Edition by Robert Carbaugh
Edition 15ISBN: 978-1285854359 Exercise 9
Rather than generating tax revenue as do tariffs, subsidies require tax revenue. Therefore, they are not an effective protective device for the home economy. Do you agree?
Explanation
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Verified
No, this statement is flawed because gov...
International Economics 15th Edition by Robert Carbaugh
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