Ask Question
14 May, 12:12

Tariffs can be thought of as indirect: Multiple Choice subsidies to foreign producers. special taxes on domestic producers. subsidies to domestic consumers. subsidies to domestic producers.

+2
Answers (2)
  1. 14 May, 12:22
    0
    The correct answer is letter "D": subsidies to domestic producers.

    Explanation:

    Tariffs are levies imposed on imports to promote domestic production and discourage the purchase of goods abroad. Imposing tariffs and quotas usually cause a trade war in which the country affected counterattacks by imposing taxes on the company that started passing tariffs.

    Under such a scenario, tariffs could represent indirect subsidies to domestic producers because, at a certain level, the decrease in imports promotes domestic goods consumption.
  2. 14 May, 12:41
    0
    subsidies to domestic consumers
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Tariffs can be thought of as indirect: Multiple Choice subsidies to foreign producers. special taxes on domestic producers. subsidies to ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers