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industries in the form of direct payments or loans. as a result, produc…

Question

industries in the form of direct payments or loans. as a result, producers can sell these products at a
price while still making a profit.

nasing imported goods, a
tariff
can be created to tax imports.

lower
higher

Explanation:

Brief Explanations

The first blank is about the price producers can sell products at while making profit. When there's a tariff on imported goods, domestic producers can sell at a lower price (since imports are more expensive, domestic products become more competitive even at lower prices that still yield profit). The second blank: a tariff is a tax on imported goods, so to tax imports, a tariff is used. And the context about industries, loans, and pricing relates to business (Economics subfield) concepts like tariffs and domestic production pricing. For the first dropdown, "lower" makes sense as domestic producers can undercut imports (after tariff makes imports costlier) while profiting. For the second, "tariff" is the tax on imports.

Answer:

First blank: lower
Second blank: tariff