Which of the Following Statements About an Export Subsidy on a Particular

question 45

Multiple Choice

Which of the following statements about an export subsidy on a particular product is accurate?

• A)An export subsidy can switch the product from being exported to being imported.
• B)An export subsidy reduces the amount available in the domestic market of the exporting country and increase the amount imported by the foreign country.
• C)An export subsidy increases the price paid by foreign buyers, relative to the price that local consumers pay for the product.
• D)An export subsidy increases the net national well-being of a large exporting country.

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Definitions:

Musculoskeletal System

The organ system that enables humans to move using the muscular and skeletal systems, including bones, muscles, cartilage, tendons, ligaments, and joints.

Body Mechanics

The application of physical principles to achieve maximum efficiency and to limit risk of physical stress or injury to the practitioner of physical therapy, massage therapy, or chiropractic or osteopathic manipulation.

Aging Population

A demographic trend characterized by an increase in the median age of a population, often due to declining birth rates and increased life expectancy.

Healthcare Services

Professional services rendered by healthcare providers or institutions aimed at preventing, diagnosing, treating, or managing illnesses and disease.