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:

Infectious Disease

A disease caused by organisms such as bacteria, viruses, fungi, or parasites, that can spread directly or indirectly from person to person.

Infection

The invasion and multiplication of microorganisms such as bacteria, viruses, and parasites that are not normally present within the body.

Chronic

Referring to a health condition or disease that is persistent or otherwise long-lasting in its effects, often for the lifetime of the person affected.

Hepatitis

Inflammation of the liver, often caused by viral infections, alcohol abuse, or other health conditions.