

MCQOPTIONS
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1. |
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 ? |
A. | The price of radios in Mexico equals $60 and its imports equal 30 radios |
B. | The price of radios in Mexico equals $30 and its imports equal 30 radios |
C. | The price of radios in Mexico equals $40 and its imports equals 20 radios |
D. | The price of radios in Mexico equals $20 and its imports equal 40 radios |
Answer» C. The price of radios in Mexico equals $40 and its imports equals 20 radios | |