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Import taxes could also protect a countries strategic industries and in that case subsidies might not be needed. I kinda feel using import taxes on foreign good
by wsc981 5y ago
Import taxes could also protect a countries strategic industries and in that case subsidies might not be needed. I kinda feel using import taxes on foreign goods that are a threat to local industries are a better approach that providing subsidies.
- enaaem 5y agoThe foreign company will still have an advantage in other places of the world if your company wants to export to the same locations.