Answers 25-26 Economics DLOC – 3054111 Unit Test — Unit testQuestion 23

23

QuizMultiple Choice

Unit Test — Unit test

Question 23 • 25-26 Economics DLOC – 3054111

How are subsidies similar to tariffs?

Answer

A

Both are types of taxes.

B

Both aim to lower the price of domestic goods.

C

Both are types of tax breaks and financial assistance.

D

Both allow domestic goods to compete against foreign goods.

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