The Goal of an Export Subsidy Is to

question 66

Multiple Choice

The goal of an export subsidy is to

• A) increase exports.
• B) reduce domestic employment in the subsidized industry.
• C) shift the demand curve for the exported good to the left.
• D) raise the domestic price of goods produced abroad.
• E) make it impossible for an importing country to keep out foreign goods.

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Definitions:

Production Levels

Production levels refer to the quantity of goods or services produced within a certain period by a business, sector, or economy.

Customers

Individuals or entities that purchase goods or services from a business, forming the basis of the business's income.

Policies

Guidelines or rules established by organizations to govern their operations, behaviors, and decisions.

Dependent Variable

In statistical modeling and experiments, it is the variable being tested and measured, usually thought to depend on one or more independent variables.