Question
China is a large exporter of solar panels. Chinese government provided sigfinicant production subsidies to solar panels. Which of the following statement is NOT correct?
China is a large exporter of solar panels. Chinese government provided sigfinicant production subsidies to solar panels. Which of the following statement is NOT correct? Select all that apply
a.
China's production subsidies to solar panels benefited consumers in the importing countries.
b.
China's production subsidies to solar panels reduced Chinese national welfare in this industry.
c.
China's production subsidies to solar panels benefited consumers in China.
d.
China's production subsidies to solar panels reduced the national welfare of other exporting countries in this industry.
e.
China's production subsidies to solar panels reduced the national welfare of solar panel importing countries.
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