Export subsidies lead to lower prices of exportables for both domestic residents and foreigners.

Name: Export subsidies lead to lower prices of exportables for both domestic residents and foreigners.
Brand: Quizplus
Rating: 4.8 (25 reviews)

Question

Quizplus · Accepted Answer

Export subsidies can lower prices for foreigners by making exported goods cheaper on the international market, but they often lead to higher prices for domestic residents because the domestic supply decreases as more goods are exported, potentially increasing domestic prices.

Export Subsidies Lead to Lower Prices of Exportables for Both