A(n) ________ is a duty specifically levied to offset a subsidy.

Question

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A countervailing measure is a duty or trade remedy that is specifically levied to offset a subsidy. Its purpose is to level the playing field for domestic producers who are facing unfair competition from subsidized foreign producers. Customs duties are taxes imposed on imported goods, safeguarding measures aim to protect domestic industries from sudden or unexpected surges in imports, and excise duties are taxes on specific goods that are manufactured or produced domestically.

A(n) ________ Is a Duty Specifically Levied to Offset a Subsidy