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What is meant by tariff and subsidies?
While elaborating the concept you will get to know that tariff and subsidies are two important concepts of macroeconomics. Both are closely associated with each other. In case of export and import subsidies either by individual, organization or country has to adopt appropriate tax measures so that goods are fairly treated under tax system which is finally governed by country.
Tariffs and subsidies assignment help comes up with complete clarification of concept. It is a subject that is associated with economics of export and import of goods.
Due to high level of competition among imported goods, local markets experience stringency in selling which is also a part of tariff.
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