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Trade Barriers - Question 8 | MCS Economics BL | Revolt

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Answers MCS Economics BL Trade BarriersQuestion 8

8

QuizMultiple Choice

Trade Barriers

Question 8 of 19 • MCS Economics BL

Which best describes what a subsidy does?

Answer

A

It keeps the price of domestic goods relatively low.

B

It raises the price of imported goods.

C

It encourages the import of foreign goods.

D

It eliminates all taxes on domestic goods.

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