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In order to encourage its farmers, the Cerian government provided them with low-interest loans for the purchase of seeds and fertilizers. The government also gave cash grants and made tax reductions. Which instrument of trade policy is being used by the government of Ceria?
a. local content requirements
b. voluntary export restraints
c. tariffs subsidies
d. import quotas

Respuesta :

Answer:

c. tariffs subsidies

Explanation: This support is to encourage agriculture whilst reducing taxes and reducing import .

Importing have so much cost that are accumulated during the whole process which may affect farmers and their farming businesses.

Tariff subsidies then help the farmers and allow them to have less cost to their business whilst boosting the economy of the country through their farming businesses at a reasonable cost.

Since farming plays a huge role in the economy of the country it therefore benefits the government too.

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