Q15 In some years, the U.S. government has paid wheat farmers an additional 50 cents on...
Q15 In some years, the U.S. government has paid wheat farmers an additional 50 cents on every bushel of wheat they sell. This money is an example of a(n)
Multiple Choice
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ad valorem tariff.
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local content tariff.
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antidumping duty.
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subsidy
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import quota.
Homework Answers
Question 15 : In some years, the U.S. government has paid wheat farmers an additional 50 cents on every bushel of wheat they sell. This money is an example of a(n)
Answer : This money is an example of a subsidy.
Subsidy can be defined as a financial aid given by a government given to particular sectors which a motive to promote their growth. Subsidy given to agricultural sector is known as agricultural subsidy or incentive. Usually given to supplement their income.
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