Tariffs and subsidies are both types of


Asked by maham237 @ in Social Studies viewed by 235 People


Tariffs and subsidies are both types of
restrictions
economic benefits
economic penalties
incentives

Answered by maham237 @



The correct answer is incentives

They are incentives for the local economy to develop. Subsidiaries are like loans that you get from the state and they help you develop your business because the country is not gonna torture you for money like a bank would. Tariffs are used to protect the local economy from import of foreign goods by making local goods more accessible which helps the local businesses.

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