An export subsidy for a product will beneﬁt

Name: An export subsidy for a product will beneﬁt
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An export subsidy is a payment made by the government to the domestic producer or exporter to encourage the export of a particular product. Therefore, the foreign consumers of the product would benefit from the export subsidy by being able to purchase the product at a lower price. Domestic consumers, foreign producers, and domestic taxpayers would not benefit directly from the export subsidy.

An Export Subsidy for a Product Will Beneﬁt