Because Export Subsidies Tend to Result in Domestic Exporters Charging

question 164

Multiple Choice

Because export subsidies tend to result in domestic exporters charging lower prices on their goods sold overseas,the home country's:

• A) Export revenues will decrease
• B) Export revenues will rise
• C) Terms of trade will worsen
• D) Terms of trade will improve

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Definitions:

Accelerating Pace

Describes the increasing speed at which changes, developments, or activities are occurring, often seen in technology, business, and society.

Interconnected System

A complex configuration in which components or entities are linked together so that each part affects or is affected by others.

Negatively Associated

Connected in such a way that one may adversely influence the perception of another.

Eccentric

Deviating from conventional or accepted usage or conduct, especially in odd or whimsical ways.