How are subsidies similar to tariffs? Both are types of taxes. Both aim to lower the price of domestic goods. Both try to raise the price of imported goods. Both aim to disadvantage imports.

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asked Aug 9, 2019 97.7k views

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How are subsidies similar to tariffs? Both are types of taxes. Both aim to lower the price of domestic goods. Both try to raise the price of imported goods. Both aim to disadvantage imports.

English
middle-school

Josh Stone asked

by Josh Stone

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Hello!

The correct answer is the last option:

$\boxed{ \bf Both~aim~to~disadvantage~imports.}$

Bernhard Hofmann answered Aug 13, 2019

by Bernhard Hofmann

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