In the Exporting Country, an Export Subsidy Will

question 34

Multiple Choice

In the exporting country, an export subsidy will

• A) help consumers and raise the overall economic welfare of the exporting country.
• B) hurt consumers but raise the overall economic welfare of the exporting country.
• C) hurt consumers and lower the overall economic welfare of the exporting country.
• D) help consumers but lower economic welfare of the exporting country.
• E) help consumers and have no effect on the economic welfare of the exporting country.

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Definitions:

Transform Fault

A type of fault where two tectonic plates slide past each other horizontally, commonly found at plate boundaries and associated with significant earthquake activity.

Mid-ocean Ridge

An underwater mountain range formed by plate tectonics, where new oceanic crust is created through volcanic activity.

Linear Island Chain

A sequential assembly of islands that form in a straight line, often the result of volcanic activity on the seafloor.

Fracture Zone

A linear zone of irregular topography on the ocean floor where tectonic plates have fractured and moved apart.