Why do economists disparage food aid and export subsidies
For lowincome nations?
A) They really have to pay in other ways.
B) It always involves middlemen who profit from the transactions.
C) The aid must be paid for by the governments of the poor nations.
D) It prevents their own firms from producing the same products because they cannot compete with foreign low
Prices; therefore, the most efficient producer is not the
Seller of the product.
Correct Answer:
Verified
Q6: Which of the following contributes to the
Q7: An export subsidy works to _ the
Q7: A payment to a firm for every
Q8: In general, an export subsidy:
A)discourages foreign sales
Q9: Under rules of the GATT, exporting countries
Q10: Which two products are among the MOST
Q12: Why is food aid to poor nations
Q13: WTO negotiations in 2005 covered agricultural subsidies.
What
Q15: The European Common Agriculture Policy has resulted
Q16: Under the GATT, which trade remedy can
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