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Critical Thinking Governments sometimes provide price subsidies to specific industries; that is, they re- duce a domestic firm's costs so that it can sell prod- ucts on the international market at a lower price. What reasons do governments (and politicians) use for these government subsidies? What are the benefits and dis- advantages to domestic industries in the long run? To international customers? Who would benefit and who would lose if all price subsidies were eliminated? Do you feel that the U.S. government should or should not use price subsidies for some U.S. industries? Why do you feel that way?

Critical Thinking Governments sometimes provide price subsidies to specific industries; that is, they re- duce a domestic firm's costs so that it can sell prod- ucts on the international market at a lower price. What reasons do governments (and politicians) use for these government subsidies? What are the benefits and dis- advantages to domestic industries in the long run? To international customers? Who would benefit and who would lose if all price subsidies were eliminated? Do you feel that the U.S. government should or should not use price subsidies for some U.S. industries? Why do you feel that way?

Principles Of Marketing
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Critical Thinking Governments sometimes provide price subsidies to specific industries; that is, they re- duce a domestic firm's costs so that it can sell prod- ucts on the international market at a lower price. What reasons do governments (and politicians) use for these government subsidies? What are the benefits and dis- advantages to domestic industries in the long run? To international customers? Who would benefit and who would lose if all price subsidies were eliminated? Do you feel that the U.S. government should or should not use price subsidies for some U.S. industries? Why do you feel that way?
Transcribed Image Text:Critical Thinking Governments sometimes provide price subsidies to specific industries; that is, they re- duce a domestic firm's costs so that it can sell prod- ucts on the international market at a lower price. What reasons do governments (and politicians) use for these government subsidies? What are the benefits and dis- advantages to domestic industries in the long run? To international customers? Who would benefit and who would lose if all price subsidies were eliminated? Do you feel that the U.S. government should or should not use price subsidies for some U.S. industries? Why do you feel that way?
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