An export subsidy is
A) a payment to a firm or individual that ships a good abroad.
B) a fee that is charged to a country that ships goods to the U.S.
C) a payment made to a foreign government in return for preferential trade treatment.
D) illegal in the U.S. but is fairly common in the rest of the world.
E) a limit on the quantity of a good or service that can be sold abroad.
Correct Answer:
Verified
Q53: In the exporting country, an export subsidy
Q54: An important difference between tariffs and quotas
Q55: The deadweight loss of a tariff
A) is
Q56: Q57: The two deadweight triangles are the Consumption Q59: The European Union's Common Agricultural Policy (CAP) Q60: The imposition of tariffs will help a Q61: An import quota is similar to a Q62: An export subsidy will _ producer surplus, Q63: If an import-competing firm is imperfectly competitive,![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents