A subsidy is some advantage or favor granted by a government to its firms upon the manufacture,production,or export of a product,and such actions are beneficial to the international economy.

Question

Quizplus · Accepted Answer

Subsidies can distort international trade by giving domestic firms an unfair advantage over foreign competitors, potentially leading to trade disputes and inefficiencies in the global market.

A Subsidy Is Some Advantage or Favor Granted by a Government