Tariffs and subsidies are both types of monetary restrictions for the domestic producer. economic benefits for the consumer. eco

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nomic benefits for the international producer. positive and negative incentives.

1 answer:

Oxana [17] · Answer 1 · 2022-10-23T17:06:12+03:00

Tariffs and subsidies can be said to be examples of positive and negative incentives.

<h3>What are tariffs and Subsidies?</h3>

Tariffs are negative incentives in that they discourage the importation of goods and services by increasing their selling price.

Subsidies on the other hand, are positive incentives that encourage people to produce more goods and services.

In conclusion, option D is correct.

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