With free trade the United States imports about half of its steel consumption from Brazil. What would be the impact on the United States of an export subsidy on steel provided by the Brazilian government? Would it be beneficial for the U.S. if they impose an equal amount of countervailing duty on the import of steel? Why or why not?

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The Answer of With free trade the United States imports about half of its steel consumption from Brazil. What would be the impact on the United States of an export subsidy on steel provided by the Brazilian government? Would it be beneficial for the U.S. if they impose an equal amount of countervailing duty on the import of steel? Why or why not?

With Free Trade the United States Imports About Half of Its