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Economics Mcqs
Q
To help its firms penetrate Mexico’s radio market suppose the Japanese government provides them a subsidy of $15 for each radio shipped to Mexico As a result of this trade policy ?
AA. The price of radios in mexico equals $60 and its imports equal 30 radios
BB. The price of radios in mexico equals $30 and its imports equal 30 radios
CC. The price of radios in mexico equals $40 and its imports equals 20 radios
DD. Th price of radios in mexico equals $20 and its imports equal 40 radios
Correct Answer:
B. B. The price of radios in mexico equals $30 and its imports equal 30 radios
