What is trade distortions definition and effects in economy?
Answers
Answered by
2
Answer:
Market distortion is an economic scenario that occurs when there is an intervention in a given market by a governing body. The intervention may take the form of price ceilings, price floors, or tax subsidies.
Similar questions
India Languages,
5 months ago
Math,
5 months ago
Math,
11 months ago
Math,
1 year ago
Math,
1 year ago