Which best describes what a subsidy does?

It keeps the price of domestic goods relatively low,

It raises the price of imported goods,

It limits the import of foreign goods,

It eliminates all taxes on domestic goods,

Question

Giselle Taylor

Business

26 March, 18:39

Which best describes what a subsidy does?

It keeps the price of domestic goods relatively low,

It raises the price of imported goods,

It limits the import of foreign goods,

It eliminates all taxes on domestic goods,

+3

Answers (2)

Know the Answer?

Teagan Sexton · Answer 1

I think it eliminates all taxes on domestic goods.

Grayson · Answer 2

Hello,

Subsidy means allowance, funding, or donation.

Apart from the definition, I believe your answer would be:

It keeps the price of domestic goods relatively low,

Which best describes what a subsidy does?It keeps the price of domestic goods relatively low,It raises the price of imported goods,It limits the import of foreign goods,It eliminates all taxes on domestic goods,

Which best describes what a subsidy does?

It keeps the price of domestic goods relatively low,

It raises the price of imported goods,

It limits the import of foreign goods,

It eliminates all taxes on domestic goods,