Which of the Following Observations About Subsidies Is False

question 68

Multiple Choice

Which of the following observations about subsidies is false?

• A)Government subsidies must be paid for,typically by taxing individuals and corporations.
• B)They mainly benefit domestic producers,whose international competitiveness is increased.
• C)Whether they generate national benefits that exceed their national costs is debatable.
• D)They help foreign producers gain a competitive advantage over domestic producers.

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Definitions:

Value

Represents the importance, worth, or usefulness of something, often evaluated in terms of economic, social, or personal metrics.

Customer

An individual or entity that purchases goods or services from a business.

Organisational Forms

Different structures and designs that organizations adopt based on their goals, strategies, and external environment.

Rapidly Changing Environment

A rapidly changing environment refers to a context or situation where external conditions, such as technological advancements or market dynamics, evolve quickly, impacting organizations or individuals.