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Author Question: It costs a computer manufacturer $1,000 to produce a personal computer. This manufacturer sells ... (Read 551 times)

jho37

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Question 1

Government payments made to domestic firms in order to encourage exports are called


◦ tariffs.
◦ bribes.
◦ quotas.
◦ subsidies.

Question 2

It costs a computer manufacturer $1,000 to produce a personal computer. This manufacturer sells these computers abroad for $600. This is an example of


◦ a negative tariff.
◦ export subsidy.
◦ dumping.
◦ a trade-related economy of scale.


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Marked as best answer by jho37 on Apr 19, 2019

manuelcastillo

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