Author Question: Clawbacks are requirements that firms repay a government for any subsidies they receive if the firms ... (Read 71 times)

abern · **on:** Jul 8, 2018

Clawbacks are requirements that firms repay a government for any subsidies they receive if the firms fail to deliver on their promises.

a. True
b. False
Indicate whether the statement is true or false

Question 2

Which statement about South Africa's standing in the global economy is NOT correct?

a. The country has traditionally dominated the regional economy.
b. South Africa is the only African member of the G20.
c. Despite tariff reductions mandated by the International Trade Association (ITA), South African local industries that were once protected from foreign competition have managed to remain competitive in the country's domestic market.
d. South Africa has historically had a trade surplus and a low foreign debt.
e. South Africa's most buoyant export industry is the energy sector.