which of the following provides subsidies and benefits of exporter?
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Export subsidies are a form of protectionism
An example of an export subsidy is the one offered by the Indian government. This involves offering export incentives for 1.4 million tonnes of raw sugar as mills start sales of surplus sugar overseas to pay cane farmers.
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The World Trade Organization (WTO) prohibits most subsidies directly linked to the volume of exports, except for LDCs.
Some countries provide indirect export subsidies in the form of tax reductions.
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