Give an Example of a Subsidy Used as a Trade

question 8

Essay

Give an example of a subsidy used as a trade barrier.

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Definitions:

Tails

The ends of a distribution curve, referring to the extreme values far from the mean in a probability distribution.

Mean

The arithmetic average of a set of numbers, calculated by dividing the sum of the values by the number of values.

Variance

A measure of how much values in a dataset differ from the mean, indicating the distribution's spread.

Standard Deviation

The measure of the dispersion of a set of values relative to its mean, indicating how spread out the values are.