Respuesta :
This is an example of Subsidies Trade barriers.
What is Subsidies?
Subsidy is a transfer of money from the government to an entity. It leads to a fall in the price of the subsidised product. Major subsidies in India are petroleum subsidy, fertiliser subsidy, food subsidy, interest subsidy, etc.
What is Subsidy Trade barrier?
- A common barrier to trade is a government subsidy to a particular domestic industry.
- Subsidies make those goods cheaper to produce than in foreign markets. This results in a lower domestic price.
- Both tariffs and subsidies raise the price of foreign goods relative to domestic goods, which reduces imports.
Thus, this is an example of Subsidies Trade barriers.
Learn more on subsidy here - brainly.com/question/17136613
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