Trade Regulations And Industrial Policies Mcqs

Q.  To help its firms penetrate Mexico’s radio market suppose the Japanese government provides them a subsidy of $15 for each radio shipped to Mexico As a result of this trade policy ?

a. The price of radios in Mexico equals $60 and its imports equal 30 radios
b. The price of radios in Mexico equals $30 and its imports equal 30 radios
c. The price of radios in Mexico equals $40 and its imports equals 20 radios
d. The price of radios in Mexico equals $20 and its imports equal 40 radios


ANSWER: See Answer
 
No explanation is available for this question!
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