
What happens if the Japanese steel industry subsidizes the steel that it sells to Canada
A) Canada should protect its domestic steel industry from this unfair competition.
B) The harm done to Canadian steel producers from this unfair competition exceeds the gain to Canadian consumers of cheap Japanese steel.
C) The harm done to Canadian steel producers is less than the benefit to Canadian consumers of steel.
D) Canada should subsidize the products it sells to Japan.
Correct Answer:
Verified
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