Economics Question: How do government subsidies and tariffs impact international trade and domestic industries, and what are the goals and consequences of protectionist trade policies? A$)$ Government subsidies and tariffs have no effect on international trade or domestic industries. B$)$ Government subsidies can support domestic industries by lowering production costs, while tariffs can protect domestic industries from foreign competition by imposing taxes on imported goods. Protectionist trade policies aim to shield domestic industries but may lead to trade tensions and reduced global economic cooperation. C$)$ Government subsidies always lead to a decrease in domestic production. D$)$ Government subsidies and tariffs exclusively focus on international trade, with no impact on domestic industries.

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