Multiple Choice
Suppose country A is a major exporter of limestone in the world market. Which of the following policies can be taken by the government of country A to enhance the gains from exporting limestone by raising its world price?
A) Taxing limestone exports
B) Subsidizing export of limestone
C) Subsidizing the extraction of limestone
D) Setting a price ceiling on the limestone sold in the domestic market
Correct Answer:
Verified
Correct Answer:
Verified
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