Governments sometimes retaliate against subsidies by imposing ________, tariffs on products imported into a country to offset subsidies given to producers or exporters in the exporting country.
A) local content requirements
B) investment incentives
C) countervailing duties
D) antidumping duties

Question

Quizplus · Accepted Answer

Countervailing duties are tariffs imposed by a country to offset subsidies given to producers or exporters in the exporting country, aiming to level the playing field for domestic industries.

Governments Sometimes Retaliate Against Subsidies by Imposing ________, Tariffs on Products