Question

Country A has a mixed economy with free-market leanings. Country B has an absolute command economy. Both want to increase corn product exports. Which action would Country A most likely take that Country B would not?
Artificially lower the price of corn

Legislate higher production quotas

Lower taxes on corn farming

Impose stricter divisions of labor

Answer 1

Lower taxes on corn farming

Answer 2

Answer:

Lower taxes on corn farming

Explanation:

A mixed economy is an economic system where the means of production and distribution of goods and services are in the hands of both the state and the private sector. A mixed economy with a free market leaning is one where the means of production and distribution of goods and services are substantially owned and controlled by the private sector. In this type of economy, the basic economic questions of what to produce, how to produce and for whom to produce are answered by both the state and substantially by the price system.

Command economy is an economic system where the state owns and control all non-labor means of production and distribution of goods and services. In this type of economy, the basic economic questions of what to produce, how to produce and for whom to produce are answered by the state through a central planning committee.  

Lowering tax to encourage corn product export in a mixed economy of a free market leaning will encourage producers and make the country’s export more attractive to the international community. This cannot be true of a command economy because the citizens are not in control of the non-labor productive resources, it is the government