An Export Subsidy Differs from a Tariff in Each of the Following

question 40

Multiple Choice

An export subsidy differs from a tariff in each of the following ways EXCEPT

• A) a tariff generates revenue.
• B) a tariff is applied to imports.
• C) a tariff results in an efficiency loss.
• D) a tariff is a tax.
• E) a tariff discourages imports.

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Definitions:

Running

A form of aerobic exercise that involves rapid foot movement to propel the body forward in a steady, rhythmic motion.

Exercise Shoes

Footwear designed specifically to provide support, stability, and comfort during physical activity, reducing the risk of injury.

Simulating

Imitating or replicating certain conditions or stimuli for the purpose of study, training, or experimentation.

Popular Color

A color that is currently favored by a large segment of the public or is trendy during a particular time period.