Answer: An export subsidy achieves cheaper goods in foreign markets while an import tariff makes imported goods more expensive.
Explanation: An export subsidy and an import tariff have different goals. For the domestic market, subsidies reduce the price of domestic goods and tariffs increase the price of foreign goods, making domestic goods more competitive, more desirable and fueling the domestic market.
When an imported good has enjoyed a substantial production subsidy, the price will be so low that tariffs will <u>not</u> prevent it from being sufficiently competitive in the foreign market against their domestic goods. In this case it achieves the same goal as a production subsidy.
Both ideas seem contradictory at first, but are both true.
Answer:
Yes,
Explanation:
Yes, both the shovel and pair of scissors are the examples of lever and wedge because its parts consist of lever and wedge. A Pair of Scissors is an example of a First Class lever also known as Double lever. The Fulcrum is the pivot present in the middle through which the scissors moves and the Force is applied with your hand at the end and the work will occur on the other end which to cut materials. The shovel is a third-class lever because the effort is present between the fulcrum and the load.
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