Countervailing duties levied by the U.S government are imposed to offset ?
Correct answer: B. subsidies granted to foreign firms that export to the U.S
- A. foreign dumping of goods in the U.S
- B. subsidies granted to foreign firms that export to the U.S
- C. buy national policies of foreign government
- D. stringent environmental regulations of foreign government s
Explanation
Countervailing duties neutralize the benefit foreign exporters receive from government subsidies, preventing those subsidized goods from unfairly undercutting domestic producers. Dumping is addressed through anti-dumping duties, not countervailing duties.
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