Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 14, 2024

Which of the following is correct about export subsidy? Group of answer choices The quantity exported will increase due to the export subsidy. Export subsidy

Which of the following is correct about export subsidy? Group of answer choices The quantity exported will increase due to the export subsidy. Export subsidy gives incentives to the producers to produce more and export. Export subsidy is a government payment per-unit of product exported. All choices are correct. The price in the importing country will be lowered due to the subsidy

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Macroeconomics

Macroeconomics

Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson

3rd Canadian edition

1319120083, 1319120085, 1319190111, 9781319190118, 978-1319120054

More Books

Students also viewed these Economics questions

Question

★★★★★

Use the table in the text to prove your answers for Exercise 14B-2. In Exercise 14B-2. Note Issued Length of Time a. July 17, 201X ..... 30 days b. July 14, 201X ..... 105 days c. July 31, 201X ........

Answered: 1 week ago

Question

★★★★★

Does grouping take away some of the flexibility from manufacturing? Does grouping of machines and people in cells introduce more rigidity into the operations system? Discuss.

Answered: 1 week ago

Question

★★★★★

4. Changing the brain takes time, so teachers must be consistent, patient, and compassionate in teaching and reteaching in different ways, as Nicos and Brookes parents and teachers could tell you....

Answered: 1 week ago

Question

★★★★★

A machine at the Pacific Fruit Company fills boxes with raisins. The labeled weight of the boxes is 9 ounces. The company wants to construct an R-chart to monitor the filling process and make sure...

Answered: 1 week ago

Question

★★★★★

Flavorite purchased a used van for use in its business on January 1, 2017. It paid $17,000 for the van. Flavorite expects the van to have a useful life of four years, with an estimated residual value...

Answered: 1 week ago

Question

★★★★★

1I.."'..I'hen constructing the condence interval a population mean. assuming the population standard deviation is known. we use the following formula: Critical Valua Standard Errar Sample Mean _ 0' X...

Answered: 1 week ago

Question

★★★★★

Part 3 of 5 - Game Theory Battle Between Two Chip Firms The following is a classic normal form game that depicts the pricing rivalry between Intel and AMD for their newest top-oftheline microchip....

Answered: 1 week ago

Question

★★★★★

Service providers (airlines, hotels, restaurants, visitor attractions) in the tourism industry, need to maintain a high capacity, in order to meet their overheads. The term "capacity" refers to the...

Answered: 1 week ago

Question

★★★★★

In a small town, two restaurants compete in the market for pizza. Each restaurant must decide whether to advertise or not. The potential monthly profits for these firms are shown below (in thousands...

Answered: 1 week ago

Question

★★★★★

Figure 13.4 shows the effect of an increase in the world interest rate on a small open economy with perfect capital mobility. We assumed there that the Net Capital Outow (NCO) was positive. For most...

Answered: 1 week ago

Question

★★★★★

1. Kelvin has $12,000 in outstanding student loans. Which of the following criteria should Kelvin fulfill to be eligible for the Public Service Loan Forgiveness (PSLF) program? He should be a...

Answered: 1 week ago

Question

★★★★★

American tourists being easily identifiable in other countries is an example of: National identity National character International identification Internationality

Answered: 1 week ago

Question

★★★★★

2. Why do we have more confidence in what one person tells us than in what another person tells us?

Answered: 1 week ago

Question

★★★★★

1. Why do we trust one type of information more than another?

Answered: 1 week ago

Question

★★★★★

9. Imagine giving a talk to an assembly that is critical of you. Imagine a large aggressive dog that is your friend and facing the assembly. Imagine further that you are on a mountain top and the...

Answered: 1 week ago

Previous Question Next Question