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Export Subsidies Levied by Foreign Governments on Products in Which

Question 34

Multiple Choice
Export subsidies levied by foreign governments on products in which the United States has a comparative disadvantage:

Export subsidies levied by foreign governments on products in which the United States has a comparative disadvantage:


A) Lower the welfare of all Americans
B) Lead to increases in U.S.consumer surplus
C) Encourage U.S.production of competing goods
D) Encourage U.S.workers to demand higher wages

Correct Answer:

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