Author Question: A subsidy is a a. limit on the number of goods that are imported. b. tax on imports. c. direct ... (Read 91 times)

moongchi · **on:** Sep 4, 2018

A subsidy is a

a. limit on the number of goods that are imported.
b. tax on imports.
c. direct payment to producers to help them remain profitable.
d. foreign aid program directed to developing countries.

Question 2

The fundamental goal of protectionism is to

a. protect domestic producers against competition from foreign firms.
b. bring about a balance of trade deficit.
c. weaken the national currency.
d. promote greater integration into the global economy.