What Is an Export Subsidy? Discuss Some of the Recent

question 98

Essay

What is an export subsidy? Discuss some of the recent examples where such subsidies were controversial.

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Definitions:

Magna Carta

The Magna Carta, signed in 1215, is a cornerstone document of English liberties that limited the powers of the monarch and laid the foundation for modern constitutional monarchy and principles of individual rights.

Articles of Confederation

The first constitution of the United States, ratified in 1781, which established a confederation of sovereign states with a weak central government.

Boston Tea Party

A political protest that took place in 1773 in Boston, where American colonists, frustrated with British tax laws, dumped an entire shipment of tea sent by the East India Company into the harbor.

John Adams

The second President of the United States (1797-1801), a Founding Father, and a key figure in the American Revolution and the drafting of the Declaration of Independence.