Export subsidies tend to hurt domestic consumers and benefit the foreign consumers.

Name: Export subsidies tend to hurt domestic consumers and benefit the foreign consumers.
Brand: Quizplus
Rating: 4.8 (46 reviews)

Question

Quizplus · Accepted Answer

Export subsidies make the goods cheaper for foreign consumers, which tends to deplete the domestic supply, leading to higher prices for domestic consumers. Therefore, domestic consumers are hurt while foreign consumers benefit from the lower prices.

Export Subsidies Tend to Hurt Domestic Consumers and Benefit the Foreign