By lowering production costs,_____ help domestic producers compete against foreign imports.
A) tariffs
B) custom duties
C) quotas
D) subsidies
Correct Answer:
Verified
Q42: Under a(n)_,a lower tariff rate is applied
Q43: Advocates of _ believe that subsidies can
Q44: Both import quotas and VERs benefit _
Q45: A(n)_ is a quota on trade imposed
Q46: An import quota is a direct restriction
Q48: Tariffs:
A)reduce the price of foreign goods.
B)reduce the
Q49: The U.S.government imposed an eight to thirty
Q50: Agreeing to a VER is seen by
Q51: Foreign producers agree to VERs because they
Q52: Governments typically pay for subsidies by:
A)selling junk
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