MCQOPTIONS
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| 1. |
A production subsidy that is granted to a producer of an import-competing good ? |
| A. | does not require government taxes to finance it |
| B. | yields the same deadweight welfare loss as an import tariff or import quota |
| C. | has only a consumption effect deadweight loss |
| D. | has only a protective effect deadweight loss |
| Answer» E. | |