QUESTION IMAGE
Question
tariffs and subsidies are both types of
monetary restrictions for the domestic producer.
economic benefits for the consumer.
economic benefits for the international producer.
positive and negative incentives.
Brief Explanations
Tariffs are taxes on imports, a negative incentive for international producers and sometimes domestic consumers. Subsidies are payments to domestic producers, a positive incentive. So they are positive and negative incentives.
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D. positive and negative incentives