Compare the Effects on the Importing Country of an Export

question 84

Multiple Choice

Compare the effects on the importing country of an export subsidy with an export tariff imposed by a large country.

• A) The importing country will gain from both an export subsidy and an export tariff imposed by a large country.
• B) The importing country will lose from both an export subsidy and an export tariff imposed by a large country.
• C) The importing country will gain from an export tariff and lose from an export subsidy imposed by a large country.
• D) The importing country will gain from an export subsidy and lose from an export tariff imposed by a large country.

---

Definitions:

Mean

The mean of a collection of numbers, determined by dividing their total sum by the count of the numbers.

Standard Deviation

A gauge for the level of dispersion or spread within a set of data points, indicating the magnitude of deviation from the mean.

Standard Normal Distribution

A specific type of normal distribution with a mean of 0 and a standard deviation of 1, used in many areas of statistical analysis.

Mean

The arithmetic average of a set of values, calculated by adding them together and dividing by the number of terms.