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Provide a short explanation from your readings showing why a country would subsidize a particular industry—what benefit does it provide to them economically or politically?

01 / 10 / 2021 Others

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Subsidies

Provide a short explanation from your readings showing why a country would subsidize a particular industry—what benefit does it provide to them economically or politically? Then identify a specific example of a country that provided a subsidy to an industry. What was the nature of that subsidy? Who requested it? What impact did it have on the domestic economy? Was there any outcry or action taken by trading partners of that country?



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