Suppose that the world price of sugar is $100 per ton.If a
Large country gives its sugar exporters a subsidy of $50 per
Ton, then its exporters will receive:
A)$150 per ton.
B)$50 per ton.
C)more than $100 but less than $150 per ton.
D)$100 per ton.

Question

Quizplus · Accepted Answer

The subsidy of $50 per ton will be added to the world price, so the exporters will receive $150 per ton. This is more than $100, but less than $150 per ton.

Suppose That the World Price of Sugar Is $100 Per