Cards (6)

    • What is the purpose of export subsidies?
      To promote domestic goods in international markets
    • What are subsidies often given on?
      Goods that are exported or where exports are a large proportion of output
    • Why do many countries subsidise exports of agricultural produce?
      To boost exports and support farmer incomes
    • Which company has accused European governments of subsidising Airbus?
      Boeing
    • What is the implication of Boeing's accusation against European governments?
      It suggests that Boeing believes Airbus has an unfair advantage due to subsidies
    • What are the main reasons for providing subsidies on exports?
      • To encourage domestic production
      • To enhance competitiveness in international markets
      • To support specific industries, such as agriculture
      • To stabilize farmer incomes