Asked by
AVERY LEWIS
on Dec 08, 2024
Verified
An export subsidy raises the domestic price of the product.
Export Subsidy
An export subsidy is a government policy to encourage export of goods and discourage sale within the domestic market, by providing financial assistance or tax relief.
Domestic Price
The price of a good or service within a country; this can be influenced by tariffs, taxes, and supply and demand.
- Investigate the financial impacts of tariffs, quotas, and subsidies on domestic and overseas markets.
Verified Answer
MF
Learning Objectives
- Investigate the financial impacts of tariffs, quotas, and subsidies on domestic and overseas markets.